Quotation comes from Binance.com BTC/USDT
I have clearly analyzed the rebound of Bitcoin from the 4-hour bottom.
Please refer back to the Bitcoin prediction on the 25th for details here.
What I didn't expect was that the rebound trend was so strong. The pressure level was like window paper, which could be broken as soon as it was poked.
In the process of strong rebound, the violent fluctuation of 10% in the early morning caused the long and short explosion of 3.X US dollars.
From the perspective of technical analysis, the bottom tends to be ABC (hour pen), but it can be regarded as a driver.
This kind of thing is between two options. Let’s see how it evolves later.
Let me briefly talk about my personal opinion: I personally think that the top structure of Bitcoin will often cause some trouble.
The market trend is up and down. I think even if it breaks the previous high of 31,000 US dollars, it will not go far, or it will continue to diverge after the daily divergence.
Position: short position is stuck. If it is online in the early morning, it may run away. Currently holding 3X30% position
Cautious friends, just keep your position and watch the show. Wait for the trend to become clear before taking any action!
