Yesterday, the high point of the big cake BTC was 30983.25 points, closing at 30524
Yesterday, the high point of the big cake BTC was 30983.25 points, closing at 30524.63 points, with an amplitude of 1.89% and a decrease of 0.23%. 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.
Last night, it was analyzed that it is difficult to effectively break below the 3.03w position of the Big Cake BTC. Although the CPI data was released yesterday, the Big Cake began to rise, but later fell to around 3.02w, rebounded, and continued to fluctuate. The long short game was still fruitless today, but in the later stage, we are exploring the 233 moving average for 30 minutes. If it falls below, it may be a bearish signal, and we need to pay attention in a timely manner.
30mink line diagram
From today's overall trend, there has been no significant market trend for the pancake recently. In recent days, it has reached around 3.1w, then quickly reached around 3w, rebounding around 3.1w several times, and the overall direction is still difficult to predict. We have been trying to determine whether it is bullish or bearish, and we still maintain the view of yesterday. The pancake trend should be out of the center in the next two days, and we can take advantage of the situation. However, my personal opinion is that it is still mainly bearish.
Bitcoin BTC Market Analysis (7/12)
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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
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