Yesterday, the high point of the big cake BTC was 31068.64 points, closing at 30964
Yesterday, the high point of the big cake BTC was 31068.64 points, closing at 30964.37 points, with an amplitude of 1.86% and a decrease of 0.34%. Yesterday, the main trend was sideways, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.
Yesterday's analysis revealed that the trend of the Big Cake BTC Big Cake in the past 4 hours has already seen a 4 hour consolidation and divergence, which may not be too high. The direct decline is around 5 points, which is consistent with yesterday's analysis. Today's decline is about 3 points. Obviously, this wave of decline is still not over. Don't blindly copy the bottom, nor can you kill the fall. There are currently no major buying points, and today's decline is still ongoing, It still indicates that the pancake is still in a fluctuating range of 2.95w to 3.1w, and has not effectively broken through the center yet. The major players still need to be in a wait-and-see position.
30mink line diagram
From today's overall trend, the rebound strength of the big cake is still weak. In the 30 minute trend chart, it is not difficult to find that it has already fallen below the 233 moving average, which may be the beginning of the decline. Unless the 233 moving average is recovered tonight, it is not difficult to act recklessly. Patiently wait for the market to break away from the high-level center, then search for buying and selling points, and operate appropriately.
Bitcoin BTC Market Analysis (7/04)
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])
