Today I will continue to briefly analyze BTC, but I will briefly look at each level. After this brief analysis, I feel that my thoughts are much clearer. If you have different opinions, you are welcome to communicate with us.
1. Weekly level: The weekly level broke through the downward channel and once broke through the previous high. Is it a real breakthrough or a false breakthrough? Or is it sideways or consolidating after correction? We need to observe.
2. Daily level: Same as weekly level, the channel is broken. However, it is obvious that the upward attack is weak.
3. 12-hour level: From large to small, and from small to large. You can observe the 12-hour level to support the judgment of the daily level.
4. 4-hour level: Entering a period of shock, but we can see that the strength of the bears is increasing. The opportunities for small-level bears are greater than those for bulls.
5. 1-hour level: The amplitude is gradually expanding. At the small level, we can see that the strength of the bulls is weak and the strength of the bears is increasing. It depends on whether it will continue to rise after a narrow range of fluctuations, or whether it will fluctuate widely and seek support downward.
Personal trading strategy:
Observe whether the 1-hour small platform support level is broken. If it is broken, try to go short with a small position. The take-profit position is around 29,600, and the stop-loss position is 30,000.
Conclusion: Irregular daily reviews are only for organizing one's own investment ideas. Views are also formed based on one's own cognition. The corresponding currencies are only for reference and do not constitute advice. DYOR.