Thursday afternoon Bitcoin / Altcoin Jingyi's thoughts The Air Force's performance has begun

Jingyi does not hype, does not call the bottom in advance, eating meat is eating meat, the thoughts are announced in advance, you can check the previous text. After reaching a peak in this round, it continuously fell back, the bullish momentum was completely exhausted, and the 4-hour level all entered a bearish downward trend, MACD and KDJ synchronized bearish resonance, Altcoin's decline is greater than Bitcoin, moving weaker in tandem but ETH has stronger elasticity.

From a technical structure perspective, the KDJ three lines are in short-term slight rebound and repair demand, but there is no golden cross reversal signal, the main trend remains bearish. The MACD green bars continue to enlarge, bearish momentum is still being released, and a medium-term downtrend is established. Each rebound high point keeps decreasing, and the downward candlestick bodies are continuous, with the bulls unable to sustain.

First short-term resistance: 648-652
Strong resistance: 660-664, a key point for bulls to counterattack, if unable to stabilize, it will continue to weaken
Extreme bull-bear dividing line: 672, the highest point in this round, only a breakout can reverse the downtrend

First short-term support: 636, the lowest point within the day, breaking below opens a new downward space
Strong support: 630-628
Extreme support: 607, deep decline target level

Altcoin short-term first resistance: 1760-1775
Strong resistance: 1800-1820
Trend reversal resistance: 1848, the high point in this round, only a break above can end the decline

Short-term support: 1720, the lowest point within the day, breaking below accelerates the decline
Core support: 1680-1660
Extreme support: 1602, deep decline target

Trading suggestions
Bitcoin rebound in the 648~652 range to layout short positions, target 636, 615-607
Altcoin rebound in the 1750-1770 range to layout short positions, target 1720-1680; #我的Gate交易时刻