7.24BTC market analysis
I have always said that we should start the strategy above 30000 until 30400, and replenish Cang during this period, and hang Dan in batches from 30100 to 30400. This morning, I inserted a needle at 30368 and then went down. This morning I let them get out of the game and wait for the next Dan.
In terms of news, I have said that there is no important data. This week, other heavyweight technology giants will announce their performance, and the Federal Reserve will make an interest rate decision. So next we have to pay close attention to the performance reports of other US technology companies and Chairman Powell’s press conference. The interest rate hike is basically a certainty, which may bring a break in the market. It is expected that the interest rate will increase by 25 basis points, and the market will most likely surge and then decline.
From a technical perspective, the four-hour Bollinger Bands still show three parallel lines, and the price has been running between the middle and upper tracks of the Bollinger Bands. The MACD indicator, as always, shows a horizontal line with no obvious trend. However, the KDJ indicator is relatively active, and each crossover will cause some fluctuations.
The overall liquidity is extremely poor, and the trading volume is still extremely low. Is it the calm before the storm? I have no idea what trend will emerge, and I am very scared. The spike in the early morning was already a big fluctuation recently. I said that this situation is prone to sharp rises and falls. Be careful when building a long position, and be sure to lightly buy. The strategy is still a high position. Personally, I tend to believe that it will break downward.
The pressure above BTC is still at 30400. You can start the strategy in batches from 30000 to 30400. The position is generally around 300 points and you can control it yourself.
The strategy starts at ETH 1900, and the price level is generally around 30 points, which is synchronized with Bitcoin.
Then there was no analysis on the 22nd, and the accompanying picture was the analysis on the 21st, the same.
