Dear readers, hello, I am Mumu. The short-term support of the big cake is in the range of 33000-34000, while the pressure is in the range of 35000-36000. Combined with the latest data, it shows that the Federal Reserve may stop raising interest rates.
Recently, after reaching around 36,000, Bitcoin did not quickly pull back, but fluctuated and accumulated momentum in the range of 33,000-35,000. Mumu suggests that friends pay attention to the key support level of 31,000. As long as this point is not effectively broken, Bitcoin should continue to rebound after accumulating momentum.
Bitcoin TC operation suggestions:
Conduct short-term ultra-short-term trading at the higher points of 34500-35000, and use 33500 as the entry point for long orders.
Don’t trade with a heavy position. We also need to consider two aspects:
First, whether the energy in the current market shock gradually weakens and a complete top divergence appears, at this time we can enter the short position appropriately;
Second, whether the price of Kong can break through and stabilize at the channel high point of 0.382. If it can break through, we can immediately enter the market and do long.
In this industry, if you are in the wrong circle, all your efforts will go to waste! It is important to embrace a professional circle! You will be able to take off and turn around quickly!
