Uncle_Rich

The price hitting high twice tonight is still possible

Long
BITBAY:BTCUSDT   None
Consistent with the previous analysis, the 35,000U mark was a strong resistance. From the perspective of trading volume, the long and short are still in a well-matched state, and the BTC contract long/short ratio is 1.02. Looking at the 4-hour line, MA5 and MA10 lines are entangled; long and short are continuing to increase the volume; the Bollinger Bands are shrinking; RSI and KDJ turn their heads down. There is a high probability of a drop near 34,500U. As for the 1-hour line, the bearish trend is obvious; the MACD moves below the zero axis, and the long and short battles are fierce.

The price hitting high twice tonight is still possible. Trade with caution, can continue to short at high prices this evening.
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