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#分享美股交易赢英伟达股票
6.2 Afternoon Bitcoin Market Analysis
The price comparison has basically been on a short-term unilateral downward trend since yesterday, and this trend is stronger and faster than I expected. Since Bitcoin broke below the 80,000 level, we have been gradually seeing it drop to 70,000. Many brothers called for bottom-fishing earlier; this bottom is getting lower the more they call it. Those who followed the initial thinking from the start may not have made a fortune, but at least they should have gained quite a bit in the short term. When your state is off, continuing to operate will only lead to more losses. Remember, a brief rest is not giving up but regrouping.
Currently, Bitcoin is continuing to decline under the strong pressure of the US-Iran situation, basically reaching the target level of 70,000 that we previously identified as the main direction. At present, the market should be preparing for a technical rebound and correction within a period, with a sideways consolidation at lower levels, but the selling pressure at high levels is quite heavy. Before positive signals appear, market panic is hard to ease. Currently, on the 1-hour chart, although the momentum of the Bitcoin head is still being released, the growth momentum is slowing down. The KDJ is still diverging downward, and if the head continues to increase volume in the short term, it is highly likely to break below 70,000, looking at 69,500. The "Auntie Dodo" head trend is relatively strong and has not continued to fall below the previous low of 1950 along with Bitcoin, but the upward space is also limited, so the pullback should first look at the previous low of 1950. $BTC $ETH