
时光预言机i|Apr 24, 2025 06:34
BTC broke through yesterday and knocked out the liquidity of short selling above. There was a large amount of volume on the daily chart, but the price did not break through upwards. It has already entered an overbought state, with long and short positions changing hands and bottom long orders being sold to top chasing long ones
In the short term, I still see the pullback yesterday. Driven by Trump's news, it did not break through the strong pressure above, and the volume was the highest since it rose on the 14th. The volume was exhausted in four hours
If the funds are strong, it is very likely that they will use a sideways dip to digest the indicators and then step back to support 91600 for 1 hour to start the next upward trend. However, the upward momentum brought by this small correction is limited
2. After a few days of sideways trading, the funds quickly retreated to the 88200 level and were oversold. After that, the funds regrouped and broke through the high point of 98800 in one fell swoop
3. Directly fall below the support pressure of 88200 and end the rebound trend by reversing each other, continuing to fluctuate within the bottom range
The above is my opinion on the current market situation. Personally, I prefer to follow script 2, which will have lower chips and higher liquidity in the market. However, no matter how the market goes, we must always respect the market. In the current environment of sufficient liquidity but not knowing how to open orders, it is easy to become liquid
If you don't understand, don't do it. Wait for the right position and you will win with one hit.
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