24-01-19 BTC Today’s View

The way to invest is to love your money before you invest. If you invest, you will think deeply about it. If you invest, you will lose your energy. If you stop investing, you will calm your heart!

After Bitcoin's sharp retracement, the market level fluctuated around the 41000-43000 range. This morning it broke the range and fell to the 40673.6 line. From an hourly perspective, Bitcoin surged to the 49027.5 line in the early stage, and then retraced significantly and fell to the 41370 line. A big rebound, which has been fluctuating around 41000 to 43000 during this period. Although the bottom support was rising during this period, the high point was also moving downward. It encountered resistance at the 43589 line and pulled back. After the retreat and rebound, the second upward test failed to break through 43000, and continued Giving up the gains, as of this morning the low has reached the 40673.6 line. The market is currently hovering around 41000 and is consolidating. Judging from the trend, the trend of this wave of retracement has turned to short positions. The early support has now turned into upper pressure. It is recommended to rebound within the day. The current price is short around 41600, the target is 40600-39600, and the stop loss is 42500.

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In the era when the trend has no curtain, let the one side bloom forever. That special care is to retain the current time, let the one side continue, let the trend not change, calmly follow the trend, and be relaxed and leisurely.