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Bitcoin Evening News as follows

CN
Crypto大币哥
Follow
2 years ago
AI summarizes in 5 seconds.

Insufficient attack and excessive defense, temptation is a trap, desire is a machine, light leads to frustration, heavy leads to irreparable damage. Don't expect windfalls, as what might fall from the sky could be a fatal brick. Investment methods can be shared and must be shared, unafraid of sudden rises or falls, patiently waiting for the opportune moment.

There is indeed profound meaning in this sentence. At first glance, one may not understand its essence, but upon closer inspection, it becomes clear. The waves are most turbulent at night, and the fish are at their fattest. The strategy we provided earlier, to short first and then go long, is currently profitable. Regarding the current trend, we will focus on the support level of the round number for now and refrain from making too many predictions. Friends who entered short at the morning high may consider taking profits first.

From a technical perspective, looking at the four-hour chart, it is clear that the market's one-day decline has not shown much room for a significant pullback. The early short position has already yielded a profit of 400 points. Before the U.S. market opens, we only need to pay attention to the breakthrough of the 37,000 support level. If it holds, we can consider entering long positions. The bulls are releasing small bullish candles with increasing volume, and various moving averages are showing a downward trend. However, personally, I am still optimistic about the bulls' counterattack after the U.S. market opens! The early morning will be a very good time for a turnaround. Seize the opportunity and the momentum!

Trading Suggestions

Long near 37,000-36,900

Target: Look at 37,800-37,900; defend 36,600, and if it breaks, reverse to 38,300

You can find more information on the public account. Scan the QR code to access! Image Image

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震荡行情滑点大?去Bybit体验极速现货撮合!
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Selected Articles by Crypto大币哥

2 months ago
Is there still an opportunity in the market for a deep pullback?
2 years ago
Breakthrough, breakthrough, and breakthrough again. Is the previous high still a problem?
2 years ago
The market is in turmoil. The bullish situation remains unchanged, and the upward trend will continue.
View More

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