BTC 4-hour market rose in the early morning of May 4, reaching a high of 29,400, and then the market fell under pressure, reaching a low of 28,600 to stop falling in the short term. At present, BOLL began to close, and the market was under pressure below the middle track of BOLL. The three lines of the KDJ indicator slightly showed a turning signal, and the green real kinetic energy column of the MACD indicator increased in volume. The short-term market focused on whether the middle track of BOLL could be broken through. We need to be careful that the market continued to explore the middle track under pressure after the shock. The daily K-line on May 3 was a downward pin-splitting positive K-line. The market has been rising for three consecutive days since the K-line fell. The K-line on May 4 is currently an upward pin-splitting negative K-line, and the pin fell below the middle track of BOLL. The three lines of the KDJ indicator are currently almost parallel to the 60 axis, and the green hollow kinetic energy column of the MACD indicator is shrinking and decreasing. The two lines are running above the 0 axis. The daily line is currently still in the 30,000--27,000 box oscillation range, but the current daily high is slowly moving up, and the low point of the decline is rising. It is recommended to focus on low-multiples.
