Wednesday Morning Bitcoin, Jing Yi's Strategy Range-bound oscillation, sell high and buy low



Yesterday Bitcoin broke below the 80k level, then rebounded slightly, with an intraday decline of about 1.2%. Jing Yi achieved four consecutive wins, with Bitcoin closing at 1809 points, and the second Bitcoin at 54 points. Short-term trading can satisfy basic needs.

From a technical perspective, all short-term moving averages are in a bearish alignment, and the MACD green bars continue to expand, indicating dominant bearish momentum. 4-hour chart: Bollinger Bands are opening downward, price is moving along the lower band, moving averages are in a standard bearish arrangement, very weak in the short term, oversold and awaiting a rebound. The short-term trend is weak, but high-probability buy low and sell high operations can still be maintained.

Key support levels are 780-795, resistance levels are 808-825. #Gate广场五月交易分享
BTC-0.12%
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