Yesterday, the high point of the big cake BTC was 26433.21 points, closing at 25759
Yesterday, the high point of the big cake BTC was 26433.21 points, closing at 25759.54 points, with an amplitude of 3.02%, an increase of 0.25%. Yesterday, the main trend was sideways, with the closing price below the 5-day line, with bearish forces dominating the medium to long term.
Yesterday, it was analyzed that after the release of US CPI data last night, Big Pancake BTC did not stand firm at 2.6w, indicating that various forces were not very strong. Today, the pancake is still fluctuating around 2.59w. From the 30 minute trend chart, it is not difficult to see that the pancake has been in a sideways stage for the past few days and has not successfully left the central range. In terms of whether it will be upward or downward in the later stage, the downward probability is much greater than the upward probability. However, objectively analyzing, when the trend has not yet reached the central point, we cannot determine whether it is rising or falling. At this point, we need to control the direction at a large level, and add market sentiment to make a comprehensive judgment. However, regardless of whether the direction is correct, stop loss measures must be taken to avoid panic.
30mink line diagram
From today's overall market situation, the long short game of the big cake is still fruitless and has been in the 30 minute central range. However, it requires the US Nasdaq index, and it is not difficult to find that the index is about time to correct its decline. It is possible that the big cake will fall with the index tonight, and this possibility cannot be ruled out. Personally, it is better to maintain a bias towards emptiness.
Bitcoin BTC Market Analysis (6/13)
Note: The currency market carries risks and caution is required when entering the market.
Risk reminder: The opinions mentioned in this article only represent personal opinions, and the subject matter involved is not recommended. Trading based on this will be at your own risk
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
