Market Trend and Analysis

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Good morning everyone, let’s pay attention to the market trend:

After a wave of gains yesterday morning, the market began to fluctuate and fall. After a day of slow decline, it directly reached around 65,000 in the early morning. The hourly K-lines were lower than each other, and they continued to extend. Trend, after the K-line touched the bottom support, it brought about a small rebound. Some people said that Bitcoin has gone bearish. I don’t think so. After all, it started from 25,000, rose by almost 50,000 points, and fell by 10%-20 % is also normal!

There are currently no signs of a black swan. The purpose of this wave of negative decline and market crash should be to torture retail investors and reduce leverage. If large investors ship goods, they will fall directly and then return to V. The good news is still to come. After this wave of support testing, It will still continue to rise. If the spot is profitable, you can stop profit. If it is not profitable, don't worry. High-quality potential varieties will explode!

The current pressure on the pie is at 70,000, and the support is at 63,000; Ether links the pie, with the low falling to the 3467 line, the current pressure is at 3800, and the short-term support is at the 3400 line!

热点： TREND