After a day of small range fluctuations, Bitcoin finally came above 26,000, indicating that the pressure of rebound is still relatively large. According to the trading volume statistics, yesterday's trading volume increased slightly compared with last week, but not much, and the important trading volume increment time is not the trading time in Asia, most of which comes from trading in the evening or early morning. This shows that traders in Asia are still fully cautious about the current market. And from the K-line, the upper and lower needles are large. There are two possibilities, market makers or retail investors directly buy and sell at the market price. I personally prefer the first one. Tonight's CPI data will basically not have too many surprises. The expected value is 4.1 and the previous value is 4.9. According to the current BTC trend, the trend is still short. The key point of this week's market is that if the entry point is not found well, the upper and lower needles will be trapped at best, and at worst, they will be damaged. Therefore, choosing to take short at a high position is the best choice. In terms of spot, the current market can be regarded as a large range of fluctuations. If it does not go to the extreme unilateral, the Hong Kong sector can be arranged as appropriate. The day before yesterday, KET RDNT also tried to arrange in a small range, and the current situation is good.
Operation strategy: It is preferred to buy short at high position. At the current position, it is better to buy long. If the position is not good, it will be awkward. After tonight's data, we will see the speed of decline and the strength of rebound. If the rebound is weak, it is not recommended to buy long at low position.