Bitcoin showed a volatile downward trend yesterday. The price fell under pressure after rebounding around 40950, and then fell to the lowest level of 39450 in a stepped decline. This is basically the same as the author's thinking yesterday. After a round of sharp decline, the general market trend has become And its weakness, the current currency price is hovering around the 40,000 mark.
It can be seen from the four-hour chart that the broader market is relatively weak. At present, there are signs of a rebound, but the strength is not very strong. The 41000 line is a short-term suppression point. Below we focus on 39450. We will focus on this range for intraday operations. layout.
Personal operating advice:
1. Go long near 39900-39600, target 40500-40900. If you get out of the broken position, you can continue to watch
2. Go short near 40700-41000, look at 1000+ points under the target
BTCUSD
It can be seen from the four-hour chart that the broader market is relatively weak. At present, there are signs of a rebound, but the strength is not very strong. The 41000 line is a short-term suppression point. Below we focus on 39450. We will focus on this range for intraday operations. layout.
Personal operating advice:
1. Go long near 39900-39600, target 40500-40900. If you get out of the broken position, you can continue to watch
2. Go short near 40700-41000, look at 1000+ points under the target
BTCUSD