Let’s briefly review yesterday’s Bitcoin market. From the early hours of yesterday, the bulls began to exert their strength. They reached around 34,400 and stepped back at around $1,000. The profit from this wave of retraction is perfect in the article updated yesterday. Here it is. After stepping back to gain momentum, it pulled up again, hitting 35,871 from the top, after stepping back close to 2,000 pp, it went up again in shock. The signs of the current market makers washing the market are obvious. In the bull market, the up and down washing violently pulls up the violent stepping back, and the slow rise and fall are all normal. Coin friends must control their positions when entering the market. It is often mentioned that only when you are alive in the market, you have the chance to turn back against the wind. There are at least thousands of fluctuations every day. There are many opportunities to seize profits. Don't be blind. Choose to enter the game, fall into the trap of the dealer, make a decision and then move.
Looking at the big-cycle daily line, the indicator KDJMACD is at a high level, and there is a need to step back to repair. In 4 hours, although the indicator still gives a long signal, there are still signs of M double top pattern. Hourly Fibonacci Looking at this period of rising market, pay attention to the position of 23.6-38.2. For the currency prices are 34393 and 33535, pay attention to the range of 35400-35700 above. In combination, the 35400-35700 range given above can choose to be empty, break the position to stabilize and give up, take advantage of the trend, look up near 36800, and then choose to enter the market empty. Below 34400-34200, there are many entries without breaking, and abandoning the position. Then choose to enter the field near 33530. If the position is broken here, the situation is empty, look at 32700. PS: If you can't break the previous high, there is a high probability that you will follow the M double top pattern. The suggestion is for reference only. You should do a good job of risk control when entering the market, grasp the profit margin by yourself, and all subject to firm guidance.