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Bitcoin is currently oscillating downward. Is it a good time to go long?

CN
丁君羡
Follow
1 year ago
AI summarizes in 5 seconds.

Click to view today's video analysis

BTC: After rebounding to the 65000 level, the price of BTC did not continue to rise. Although the daily chart has had two consecutive days of bearish candles, the overall trend is still upward, and the bearish trend has not continued to reverse. However, looking at the hourly K-level, the overall trend is in a downward channel, and attention needs to be paid to the strong support near 61200.

ETH: The hourly K-level has already broken the upward trend, and the short-term price has not stopped falling. A trend of rounding top may appear in the future.

For more explanations, please be patient and watch the video. If you have any questions, you can follow the public account: 丁君羡

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Selected Articles by 丁君羡

3 months ago
12.23 Market Analysis: Bitcoin's failure to break through ninety thousand - is it accumulation or distribution?
3 months ago
12.19 Market Analysis: Mild Interest Rate Hike Has Been Implemented, Bitcoin's Negative Factors Have Been Exhausted, Which Is Positive
3 months ago
12.18 Market Analysis: Bitcoin's Extreme Inducement to Long Positions and Waiting for CPI to Arrive
View More

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