Last week, Bitcoin experienced a slight cliff-like drop, reaching a low around 100,300, but it never broke the 100,000 mark. As time went on, the price steadily rebounded to around 108,000 in the evening. The market sentiment has been severely washed out with significant fluctuations between bulls and bears. Surviving in this market is undoubtedly a dream for many. To stay in the cryptocurrency market, the first thing to pay attention to is risk control. I have always emphasized strict stop-loss measures. Secondly, one must wait for opportunities and avoid frequent trading. As long as these two points are well managed, it is generally difficult to be washed out by the market. I will explain more in the future. Without further ado, let's return to the market situation.

On the daily chart, the candlestick touched the lower support and stopped falling, then began to rise, forming four consecutive bullish candles. The price has also broken through the middle band, and the MACD indicator is in a phase of expansion. As long as the daily close at 12 o'clock is above the middle band, this bullish trend will have continuity. The current price can wait for a pullback to the 106,500-106,200 area to look for bullish opportunities, with a target near 110,000.

Follow the public account, what can relieve worries, only Jiang Wei.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。