BTC Today's Market
The market is developing in the direction expected yesterday
Yearly and quarterly (upper left and upper right), at a macro level, the trend has not changed and is still an upward trend
In the monthly dimension, AMD's expectations have not changed. After breaking through the ATH, it is consolidating near the previous high and has not risen too far.
On a weekly basis, the price has fallen below dVAH. There is an nPOC below, which coincides with dPOC. If the price comes here to test, quickly falls below and recovers, it shows that the bulls still have strong power. If it falls below and does not recover, you should start to be vigilant.
Let’s look at the odds:
CVD is rising, but the price has not reached a new high, forming a divergence
This divergence shows that the bulls are trying to build positions, but the price is not rising, that is, the bulls' efforts are fruitless.
In this case, it is often the case that someone is constantly selling in the spot market, indicating that the price is going to fall.
Today's trading opportunities:
Long expectations: The price will test the first nPOC below + the developing POC of the week to hunt for short liquidity and continue to rise
Short-selling expectation: Continue to consolidate at a high level for a period of time, the dVAH of the month is pulled up and overlaps with the previous high position, and then breaks down with large volume and starts to move downward. The entry position is to wait for the K-line that breaks down with large volume, and then enter the market when it falls back to the previous high, or nPOC
