Today, the frequency of fluctuation is increasing again, and the market is about to change on the weekend. As the price continues to hit new lows in the past few days, market sentiment is sluggish, the BTC contract long/short ratio is 0.81, and the shorts are temporarily dominant. From a technical perspective, in the 4-hour line, the Bollinger Bands back to the bottom of the middle track and is widening; RSI and KDJ are flat. Looking at the 1-hour line, the MACD is above the zero axis, and the MA30 line is still operating on the low track.
In general, fluctuation and decline are basically determined. In the short term, 31,500U-32,000U is the support range, and we can buy long with low volume around this range, or we can wait to short at high price this evening.
In general, fluctuation and decline are basically determined. In the short term, 31,500U-32,000U is the support range, and we can buy long with low volume around this range, or we can wait to short at high price this evening.