The intraday volatility can be described as turbulent. In the morning, BTC rose all the way to the 63999 level, facing resistance. During the day, bearish pressure gradually increased. In the evening, a wave of attacks directly broke through the key support at 62000, hitting a low of 61306. Then at midnight, the bulls launched a fierce counterattack, catching me off guard. The price once approached 64000, unfortunately triggering a stop loss. Volatility is the nature of the market; a good mindset is the amulet of trading. Trading is a long-term practice, not a single game to determine victory or defeat. A single win or loss is not important; long-term stable profit is the ultimate victory.


Looking at the current chart, BTC daily line has been receiving small bullish candles in a stepwise rebound, but there is no large bullish candle with volume expansion. This is typical of accumulated capital gaming. It can be seen that the dense overhead supply zone is still suppressing fiercely, and repeated attempts to break through the key resistance at 64000 have been rejected. The 4-hour Bollinger Bands are opening slightly upward, with the price running along the upper band, entering the short-term overbought zone. The upper band shows clear resistance. Currently, the residual heat of short-term bulls has not dissipated. Priority is given to waiting for a pullback to near the middle band before going long.
Midnight BTC: long in the range of 63300-62800, target around 65000
Midnight ETH: long in the range of 1770-1740, target around 1850#现货黄金站上4200 $BTC $ETH
BTC0.95%
ETH0.95%
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