BTC pie is still dominated by high-level shocks, the current narrow range of 66000-68000, two tests of 68000 in the morning, and then fall, the overall momentum continues to weaken, if the volume can not break through 68000, the market is likely to test the demand downward, the current trend is not clear, be wary of the second downside


At present, the overall trend is still convergence-based, we look at the strength of the current trend from various indicators, MACD has a top divergence, indicating that the current upward momentum is exhausted, if it cannot be increased, the market has the risk of weakening
In terms of volatility, the volatility has continued to decline from the high, indicating that the volatility of the market has gradually decreased, from a wide range to a narrow range, and the volume has also continued to decline, indicating that the overall heat and FOMO degree of the market are decreasing
In terms of form, it is still running in the convergence triangle, and we currently have two expectations for the market, the first is to break through 68000, then the bullish trend will continue, and the new high is not a big problem
The other is bullish exhaustion with a dip dip targeting around 64500 and a break below 64500 for further support around 62000
Operationally, the idea of breaking through above remains unchanged, if the volume can break through 68,000 before chasing more, the shock position is not easy to chase more, and it is possible to stand firm at 70,000 again. The idea of low bulls continues to focus on the range of 64500-65000, the risk control is below 64000, and if it falls below 64000, the medium-term market may reverse $BTC #热门话题 BTC
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10xGodOfWar
· 2024-03-08 15:02
I can't go down. It is estimated that it will break 7 tonight
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