After a big dump, there must be a rebound. The next day, Bitcoin dipped to around 89,000, and the US stocks rebounded to around 9,380, which is still relatively strong compared to the single-day rebound, but overall it still shows weakness.
In the early stage, we fell from 107,000 all the way down, with the shorts being quite open. The next day, you can comfortably take as much as you want from below 90,000. The rise of over 4,000 points was enjoyed from start to finish, with a slight regret that there was no opportunity to enter a short position at the high.
Today, continue to pay attention to the support retest at 92,000 for Bitcoin below, and watch for resistance around the 9.4 area at the four-hour BOLL middle band above.
Bitcoin: In the 9.12-9.18 area, there is a buy signal, looking up towards around 94,000.
Attitude: The 3020-3050 area has support, looking up near 3200. #BTC
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After a big dump, there must be a rebound. The next day, Bitcoin dipped to around 89,000, and the US stocks rebounded to around 9,380, which is still relatively strong compared to the single-day rebound, but overall it still shows weakness.
In the early stage, we fell from 107,000 all the way down, with the shorts being quite open.
The next day, you can comfortably take as much as you want from below 90,000. The rise of over 4,000 points was enjoyed from start to finish, with a slight regret that there was no opportunity to enter a short position at the high.
Today, continue to pay attention to the support retest at 92,000 for Bitcoin below, and watch for resistance around the 9.4 area at the four-hour BOLL middle band above.
Bitcoin: In the 9.12-9.18 area, there is a buy signal, looking up towards around 94,000.
Attitude: The 3020-3050 area has support, looking up near 3200. #BTC