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Is Trump's visit to China a positive or negative? The answer has already been shown on the surface, with U.S. stocks soaring sharply, but the crypto market is still declining, which is really frustrating. Large investors are selling off to invest in U.S. stocks, while we are still watching this meat grinder-like market. The more this happens, the more we need to stick to our trading original intention, work steadily and prudently on each trade. No rush, no impatience, steady and solid, only then can we defeat the market.
From the daily chart perspective, Bitcoin is fluctuating near the middle band of the Bollinger Bands, and the overall upward channel has not been broken, but the bullish momentum is clearly weakening, and the bears are still exerting pressure. During the day, Old Yang took high positions to short, also gaining a few hundred points. To understand the market, grasp the trend, and seize each wave of market opportunities! In terms of operation, Old Yang still insists on planning around the daily strategy.
Tonight, short Bitcoin at 79,800-80,300, target near 79,000
Tonight, short Ethereum at 2,280-2,330, target near 2,180#美国4月PPI同比暴涨6% $BTC