Yesterday, the high point of the big cake BTC was 27495.83 points, closing at 26781
Yesterday, the high point of the big cake BTC was 27495.83 points, closing at 26781.99 points, with an amplitude of 2.66% and an increase of 1.65%. Yesterday, the main trend rebounded, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.
Yesterday, it was analyzed that the sudden rise of the trend of the Big Cake BTC to the upper edge of the 4h center is difficult to say whether it is bullish. It is cautious of a waterfall decline, thinking that it will follow the decline of the US stock market. From today's trading data, it appears that there was no following trend last night, but it fell directly around 11am, reversing yesterday's gains and leading to an inverted V-shaped small reversal. However, it has not yet fallen below 2.65w, resulting in no accelerated decline. At 2am tonight, there is also a monetary policy meeting in the United States, and we need to be cautious of the drastic fluctuations caused by the meeting.
30mink line diagram
From today's overall trend, the bearish power of the big cake BTC is dominant. If a V-shaped reversal is possible, it may be a positive monetary policy at night. If it is not difficult to reverse here, it is still a bearish mentality, and it is not advisable to rush to bottom out. At the same time, it is also necessary to be cautious in chasing up and killing down, and patiently wait for the market to break away from the 4h central range.
Bitcoin BTC Market Analysis (5/23)
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])
