The analysis yesterday was correct. The BTC price got back to 34,800U today, and gave the market more confidence. Everything is getting better. The BTC contract long/short ratio is 1.12. Looking at the 4-hour line, the Bollinger Bands opened up; KDJ and RSI stayed flat, and met resistance at the 35,000U mark. Looking at the 1-hour line, the long and short alternates continue to increase volume, and the MACD is about to fall. There may be a small drop in the short term, and the price will not stay firm at 35,000U all at once.
The strength of the bulls is weak, if the price breaks 35,300U very fast, can short near 36,000U in the evening, with a stop loss of 500 points. The bottom price would be 33,500U. If it keeps fluctuating around 35,000U, then a short order at high point tonight would be good.
The strength of the bulls is weak, if the price breaks 35,300U very fast, can short near 36,000U in the evening, with a stop loss of 500 points. The bottom price would be 33,500U. If it keeps fluctuating around 35,000U, then a short order at high point tonight would be good.