$BTC Monday, Brief Analysis of Bitcoin Market!

This morning, a short position was suggested in the Bitcoin 94200 area. Although the downward movement did not meet expectations, those who kept pace with the rhythm still had a thousand-point opportunity to seize! Same industry means taking off!

In terms of the current rhythm and technical structure, the overall trend of Bitcoin in the short term is still very much in line with our expectations. The nose cone rebounded to the 94200 short-term resistance level, which is also the middle track line, then closed with a bearish candle and retraced. The retracement strength is somewhat disappointing, barely giving a thousand-point space down to the 93300 line! With the current indicators showing a shift from bearish to bullish, this directly leads to signs of price recovery and upward movement! The moving averages are currently showing clear upward signs, and there is still a further upward demand in the subsequent rhythm! The short-term trading strategy should maintain a long position first, followed by a short position!

Layout in the 93600-93100 area, target 94500-94800! #BTC挖矿难度创新高 #SUI、OP大额解锁 #本周微策略是否继续增持BTC？ #ATA涨势分析