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On a new day, there will surely be new highlights in the cryptocurrency market.
You may not have a good starting point, but you must know whether the front is southeast or northwest, and don't kick blindly. New day, good morning! Yesterday, the bulls pulled up strongly, breaking the long-lasting range trend structure. After the market surged higher, it fell back slightly and then surged higher and fell again, but it still closed at a high level. In the previous articles, there has always been a rebound. Rebound, bullish thinking, short-term bands have reached the target position as expected, and the band has 2000 points of space! The second surge after the pullback also once again grasped the space of nearly 700 points, followed by the short-term follow-up to seize the retracement, which also reached the target position at midnight, giving more than 500 points of space. There is not much to say, there are always surprises behind!
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The short-term structure continues to fluctuate in a wide range. The downward test in the evening did not form a continuous breakout, so it is a shock. There is still no signal and kinetic energy to continue the downward trend. Today's thinking is high altitude.
Pictures for Tuesday’s thoughts: