Yesterday, the high point of the big cake BTC was 30441.46 points, closing at 30379
Yesterday, the high point of the big cake BTC was 30441.46 points, closing at 30379.95 points, with an amplitude of 1.24%, 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.
Since last week, the big cake btc has been in a sideways trend for the past two to three days, fluctuating around 3.03w with very small amplitude. The market has suddenly become very dull, and every time it falls below 3w, it rebounds. If it is indeed effective to fall below 3w in the future, there will be at least a drop of 5 points or more. It is still necessary to patiently wait for the market to completely break away from the central range before conducting legitimate operations. It is necessary to find buying points and selling points, and those who need to find selling points should find selling points.
30mink line diagram
From today's overall trend, the big cake long short game is powerless. The daily top type has already been formed, and the bottom type has not yet appeared. It is still a bit difficult to rebound directly, unless there is another positive news surface that directly explodes. At present, we are firmly focusing on 3W and 3.05W, and we will break through there based on the trend. Once tonight or tomorrow, we can take advantage of the situation and make orders with good stop losses. In my personal opinion, the short term is still mainly short.
Bitcoin BTC Market Analysis (7/14)
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