Today let's briefly talk about the analysis of Bitcoin.
Yesterday, Brother Chuan mentioned during the live stream that Bitcoin's pressure location is 88000 for the past few days. The short position was also made near 87800 during yesterday's live stream, and it gained 1500 points. The short position at 2980 for Ethereum also had 80 points space. I have mentioned that the volatility in the next few days will not be too large. There will be a small fluctuation from Thursday to Friday because there will be a CPI annual rate and unemployment data on Thursday, and then on Friday, there will be a small interest rate hike. In my video today, I talked about the current situation, which is in a small repair consolidation phase, so the volatility will not be too large!
So where are the support and resistance levels for Bitcoin today? Today's support and resistance for Bitcoin can still be seen around 88000-87800 as today's pressure level. This position can still be considered as today's pressure, and there are no significant news events, so normal fluctuations can be placed here. Tonight, the support for Bitcoin can still be placed around 85000, which can still be considered as today's support level!
The two main support and resistance levels that Brother Chuan talked about are two!
Long opportunity: Near 85300-85000 can directly go long, with a target of 87500!
Short opportunity: Near 88000-87800 can directly go short, with a target of 85500!
Tonight's Bitcoin strategy is to repeatedly trade within this range! #美国非农数据超预期 #巨鲸动向 $BTC
