4.23

Wednesday Morning Thought Analysis

This big wave of market movement has been perfectly missed, I can only say it is not meant to be for me. However, the good thing is that the short position on Bitcoin yesterday had strict stop-losses, which were executed quickly. I can only say I'm quite lucky, not losing much.

Currently, the trend of Bitcoin appears to be running along the upper Bollinger Band, with no room for any pullback. The upper resistance level has been repeatedly broken, peaking around the 93800 points line. This has directly scared the bears.

However, at this point, it is clear that there will be another wave of upward movement, but it is also not advisable to chase the highs anymore, as the returns from chasing highs are not significant. Therefore, the morning thought for today is still mainly focused on short positions. We can only continue to look bearish, but we will also be patient and wait to enter the market again.

Morning Operation Suggestions

Short Bitcoin between 93200 and 94000, targeting 90000. After breaking through, continue to look down to #BTC .