Hengpan is the beginning of a new round of market conditions! Yesterday, the market overall rose first and then declined. It rebounded to a maximum of around 52,500 and began to gradually come under pressure. It fell back to a low of 51,300 this morning. The market fluctuated around the high range, with extremely limited strength. The long order arrangement we gave yesterday at 52000 also gained 500 points of space under this round of market conditions. Since the rhythm of this trend is like this, there is no clear direction for long and short positions. If you want to follow the trend, you have to wait for the consolidation of the market to end. , it is inevitable for bulls to increase their momentum, just be patient and wait for the sun to come out!
From the overall structure, the four-hour range is oscillating, with pressure at 52500 at the top and resistance at 51200 at the bottom. If this range is not broken, the shock will be extended. The current decline has touched the lower track, the short kinetic energy has gradually been released, and the broken Yin will not reach the upper limit. Yang, the intraday low of 51200 can be used as the reference level for long orders. Judging from the hourly level, the retracement has reached its end, and the Bollinger Bands are waiting for the release of momentum. If it fails to break through strongly during the day, it will surely rebound. Just wait and see how it changes.
The market is around 51200-51400, look at 52500
Auntie is around 2905-2910, see 3000$BTC $ETH $BNB #PIXEL #WLD #sats