The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 71. 1. This week, GLMR, APT, and CYBER tokens will be unlocked in large amounts, so be aware of the risks. 2. DWF Labs co-founder: Bitcoin infrastructure may explode again. 3. This week's important events schedule: The spot Bitcoin ETF is expected to announce the results on Wednesday. The market game has entered a white-hot stage, and a wave of corrections is inevitable. 4. The Honduran State District officially recognizes Bitcoin as a unit of account, which is good news. 5. Tencent has applied for a blockchain patent to improve the efficiency of transactions on the chain.
Technical analysis: Today, Monday, Bitcoin closed with a positive cross star at the weekly level, but the energy column of MACD has been sluggish for four weeks, constantly reminding us that a big correction is coming. The daily K-line and MACD form a top divergence. Those with full positions must pay attention to the risks. It is necessary to reduce positions when the market is high. The daily ant channel has been opened for nearly 3 months and meets the closing conditions. The 4-hour level is very weak. A strong pressure has formed near 44,300. The support below is the position of the 200-day moving average near 42,300. If it falls below effectively, it will be really dangerous. In short, there will be a wave of more than 20% correction in the next few weeks. The correction in place is our opportunity to buy the bottom. If there is no black swan, it is expected to be in the range of 36,000-30,000. If there is a black swan, it is another matter. The big cycle is still bullish. Control your position and wait for the arrival of the big bull market in 2024. #BTC行情 #投资机会 #BTC
