4.10 Short-term layout of big cake in the evening: #大盘走势 #比特币恐慌
From the daily chart, it has not fallen below the 25EMA, and the low point is gradually rising, which shows that it still maintains a bullish trend from a long-term perspective.
However, from the current 4-hour level, the selling pressure is strong, so the risk of long-term long-term thinking is also high. If you have to do medium- and long-term long-term long-term, then you can go long with 200EMA (66800) as support at the upper limit of the converging triangle consolidation (near US$70,000).
But I personally think it is not necessary to take risks now, let's turn to the 1-hour chart analysis.
1. Shorting operations near the 75 and 25EMA moving averages (70200-70300) of the 1-hour chart still have a relatively high advantage. The short order target can be seen (TP) to the rising support line (69200-69000). If the entity of the K-line breaks through the upper limit of the EMA moving average, then we will stop loss first.
2. Start to go long from around $68,750. The target of long orders can refer to the contact point of the rising trend line. The market has a delay, and the idea is for reference only.
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