Good evening everyone, the roller coaster market continues, after a surge, there is again a fierce sell-off, testing the bottom and stabilizing before bouncing back again. The repeated washing of positions is really torturous. Tomorrow there will be news of the central bank's interest rate hike, which on the surface seems bearish from the overall market expectations. Even if it does not lead to a deep dive in the market, there is not much chance of a big rally. In the daily chart of Bitcoin, the current market is completely under the control of the bears. For today's early market, if there is a second upward probe, just continue to maintain a bearish position.
Currently, keep an eye on the pressure range of 85300-86800 for Bitcoin. Pay attention to short opportunities in this range, manage your positions well, and ensure risk prevention.
The support below continues to be around 84000. If this level is broken, it means that the 4-hour rebound market will be declared over. In extreme market conditions, pay attention to the support at the integer level of 81000-80000.
Recently, regarding the aunt's side, you can decide for yourselves. Overall, it is linked to the rhythm of Bitcoin. In the process of rebounding and hitting new highs, first pay attention to the pressure at 2850-2900 and 2960. If it can approach the second pressure range, then do so. Manage your positions well. The first target support below is around 2750-2700. If this support is lost, then you can continue to hold on to see, and pay attention to the integer level around 2600.
