Trend Analysis
After the price of the currency broke through 70,000 again, the overall range became 72,000 pressure and 68,000 support, of course, this is only for a short time. Because if you look at the 4-hour market, you will find that 72,000 cannot be suppressed, and 68,000 cannot be supported. Judging from the current trend, a daily fluctuation of 5,000 points is normal. After the 4-hour Bollinger Bands are completed, there will be another wave of ups and downs when they open. Of course, this time is likely to extend to next Monday. Although the current MACD double line is still exploring, the energy column below has begun to accumulate power for bulls, and the KDJ three lines are also moving upward in a cross-shaped manner. The current currency price is on the middle track of the Bollinger Bands, which means that both the upper and lower sides are favorable. The key lies in how to grasp the position. Of course, those who can't grasp it well still wait for the retracement before going long. It is really not easy for ordinary people to control the high position. Because the high position is likely to continue to break high, resulting in shorting. Many friends were profitable at high altitudes, but they didn't see the exit point correctly. In the end, they didn't get a small profit, but lost a lot.
I won't talk about the hourly line, it's a horizontal line, and MACD has no volume, so it can't give too many operation signals.
Operation suggestion to enter the market
Bitcoin retreats to 69600-69200 to take more, the target is 70800-71200, and the defense can be set at 68400 at night.$BTC $ETH
