Successfully won the rebound of Bitcoin,how's the future market?
The operating idea given by Bitcoin yesterday was to go long near 21800, very accurately grasping the vicinity of the lowest point in the short-term, and got a relatively good rebound profit.
On the fundamental level, after Powell's speech, the sharp rise in the US dollar will pose challenges to global non-US currencies and risky assets, suppressing their prices.
On the technical side, after Bitcoin fell yesterday, it broke the extension line of the low point of the daily K-line, breaking the short-term strong trend and returning to the weak range. The short-term pattern is bearish, and the high point of the recent rebound of the daily line forms new resistance. Together with the short-term moving average, it suppresses the rising Bitcoin market, while the technical indicator MACD diverges downward, and the downward momentum is strong, and the overall still shows that the Bitcoin market is running short.
So in terms of operation, Bitcoin can be shorted at the position of 22600, near the target position of 21900.
BTCUSDT
BTCUSD
BTCUSD
ETHUSDT
BTCUSD
ETHUSD
On the fundamental level, after Powell's speech, the sharp rise in the US dollar will pose challenges to global non-US currencies and risky assets, suppressing their prices.
So in terms of operation, Bitcoin can be shorted at the position of 22600, near the target position of 21900.
BTCUSDT
BTCUSD
BTCUSD
ETHUSDT
BTCUSD
ETHUSD
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