The shock cycle is excessive, what should I do on Wednesday?
After the sharp rise and fall, the market became a lot quieter. Yesterday, the market fluctuated and consolidated in the range. It stepped back to confirm that the 28,000 support was not broken, and then rebounded to the range of 28,600. It was overdigested in the second half of the night and stabilized above 28,000. Compared with the early pull-up, there is an action to supplement Yang and rise.
Due to the recent impact of Sec, the market has become much more cautious. According to reported statistics, the probability of passing is more than 80%, so compared to the market, the sentiment is still a bullish rhythm. However, the news is all based on speculation, so don’t draw conclusions easily without a final decision. Although it has passed expectations, you should not be blind. In terms of operation, it is safer to follow the short-term technical structure signals to make layout arrangements.
In the daily structure, Dayang pulled up and made corrections the next day. Today's closing is particularly critical, whether it is a continued breakthrough or a pressure test and a retracement. All depends on the 29,000 mark. At the 4-hour level, yesterday's cycle broke K excessively, but it can be clearly seen that the moving average indicators are hooking upward, MACD. is showing a golden cross upward, and the indicators in the attached chart all show a divergent flavor. Then the bullish sentiment is relatively stronger in the short term. During the day, multiple operations are still planned around yesterday's low of 28,100.
Ether showed a slight rebound and rebounded after hitting 1650 overnight. Today, we will focus on the 1650 support. If it does not break, we can still place long bullish expectations.
Wednesday operation strategy
Btc. 28 Go long in the 200 to 28000 area, defend 27600, and look at 29200
Eth. Go long in the 1555 area, defend 1530, and look at 1610~30.
That’s all for this morning. If you have bad orders and don’t look at the bad market, just ask Mr. Didi $BTC $ETH #bnbburn #ape