Yesterday's market situation that everyone thought would continue unilaterally actually did not continue much. At the same time, the news did not give the market much room. In this structure, the current price prompt we provided in the morning also saw the coin price rise in the afternoon, catching the increase of this wave of a thousand points. Subsequently, the non-agricultural news came with negative news, causing the coin price to fall back from the high point to around 43,000. Fortunately, the bottom integer support held up this pullback. In the future, the market will fluctuate and rise. This morning, it once again returned to above 44,000. In terms of the market, we can say that we have grasped three points, and the remaining seven points are still hanging. The overall direction is still bullish, and our short-term target is to reach 50,000.
Saturday morning analysis
Looking at the four-hour chart, when the news came out, the coin price fell. In the early morning, it slowly regained lost ground. Currently, the coin price is fluctuating and rising near 44,200, and it has been gradually rising in a consecutive positive manner. Trading volume has picked up, and naturally, the market will provide space. The bullish buying power has also begun to rally, so the focus of today's trading day layout is still the cyclical time form. In the past five trading days, it has been a continuation of the rebound in the Asian market and the decline in the European and American markets. For several trading days, we have also participated in this rhythm. We will continue to do so on this trading day, starting with a long position in the morning.
Operational advice
Directly long near 44,000-43,900
Target to watch is the 44,900-45,000 range. Pay attention to the 43,300 breakthrough and look to reverse if not broken to 46,000.
The new year begins to reward old fans. Here to seek buoyancy for everyone. The plan for a million turnovers is ready. The favorable environment this year is constantly being considered by everyone. No charge for guidance!
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