The 4-hour K-line chart shows five consecutive bearish candles in the cerium market, with increased trading volume and significant strength from the bulls. The bears attempted a counterattack but were ineffective, indicating weakness in the cerium market. The price has touched the middle line of the Bollinger Bands, and the increased trading volume indicates a release of selling pressure, but no significant bottom divergence signal is present, suggesting that building a bottom may take time.
Bitcoin: Around 119200-119700 for resistance, with 120300 as a supplement, looking down at 118000-117000.
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Bitcoin once broke through the $122,000 mark, with a high price for each coin. Influenced by this positive news, cryptocurrency concept stocks in the U.S. stock market have shown a strong upward trend. Among them, Strategy (MSTR.O) and Coinbase (COIN.O) saw particularly significant price increases, both exceeding 4%.
Technical analysis shows that the situation of Bitcoin is complex. The technical aspect is bullish, but trading volume is shrinking, leading to a divergence in price and volume, which poses a threat to the upward movement. The moving average system is in a bullish arrangement, and the market sentiment is optimistic. The bullish engulfing pattern encourages a short-term rebound. A breakthrough at 119800 is key for upward movement; otherwise, a pullback may occur. In summary, Bitcoin is initially moving upward, trading volume is shrinking, and the trend depends on whether it can break through strong resistance levels.
Bitcoin: around 119500-120000, with 120500 as a supplement, and support looking at 118500-117300#BTC走势分析
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Improvement in the overseas environment, personnel changes at the Federal Reserve may boost expectations for interest rate cuts, leading to a weaker dollar, which is favorable for emerging market stocks, especially Hong Kong stocks. Under policy guidance, anti-involution and loose credit may promote a moderate rebound in prices.
Industry rotation is accelerating, and it is recommended to focus on new tracks and undervalued sub-sectors. Key industries include defense and military, A1 computing power, semiconductors, humanoid robots, non-ferrous metals, transportation, brokerage firms, and innovative pharmaceuticals.
Although it's not a groundbreaking big profit, little by little, the money that gets into your pocket 💰💰 is the sweetest! Remind yourself: buying is for apprentices, selling is for masters!