Looking at the market yesterday, Bitcoin and Ethereum saw another deep retracement that brought the market to a low point. The previous upward rhythm was also smoothed out in this wave. Overall, the see-saw rhythm continues again, with both long and short kinetic energy. Unable to provide an effective breakthrough, the two sides fell into a battle. The retracement we arranged yesterday also fell into a trap again, but the problem is not big. Yesterday, we provided a replenishment arrangement near the market low of 27300. At present, The opening position is near 27600. I believe that today's market will rebound and form a profit. The market is like this, unpredictable. When all kinds of structures are pointing upwards, it will give you a blow in the head. The trading system will be fully reflected again. You must have an understanding of the market, rather than brainless stud, and know how to be flexible. The essential!
In the 4 hours, as expected yesterday, it basically remained within the Bollinger Bands, contracting and oscillating. As it explored higher and closed lower, it remained stable near the mid-track. The current Bollinger Band range is getting smaller and smaller. Usually, before going unilateral, it will fall into a long period of trading. Contraction consolidation is also a stimulating reflection of waiting for market news. The market is currently waiting for the announcement of cpi on Thursday. The technical structure has entered a pause and correction, the strength of long and short positions is uncertain, and short-term operations are still treated with a shock mentality. The shock is in the front and the trend is in the back. If you are stuck in the range, you should do ultra-short-term trading. It is not advisable to be too obsessed with fighting.
Bitcoin is around 27400-27600, look at 28300
Ethereum is around 1570-1575, look at 1630#一起来跟单 #注意资金安全 #美联储是否加息？ #带你看看币安Launchpad #DeFiChallenge $BTC $ETH
In the 4 hours, as expected yesterday, it basically remained within the Bollinger Bands, contracting and oscillating. As it explored higher and closed lower, it remained stable near the mid-track. The current Bollinger Band range is getting smaller and smaller. Usually, before going unilateral, it will fall into a long period of trading. Contraction consolidation is also a stimulating reflection of waiting for market news. The market is currently waiting for the announcement of cpi on Thursday. The technical structure has entered a pause and correction, the strength of long and short positions is uncertain, and short-term operations are still treated with a shock mentality. The shock is in the front and the trend is in the back. If you are stuck in the range, you should do ultra-short-term trading. It is not advisable to be too obsessed with fighting.
Bitcoin is around 27400-27600, look at 28300
Ethereum is around 1570-1575, look at 1630#一起来跟单 #注意资金安全 #美联储是否加息？ #带你看看币安Launchpad #DeFiChallenge $BTC $ETH