Condensed comments: Last night, it once hit the 38K dollar mark, and the previous 37.8K dollar increase was up to the standard, and as expected, the heaven and earth needle market, up and down the amplitude of 6.2% after continuing to pull back, the short-term is expected to continue to stabilize above the 35.3K dollar range, and the overall bullish structure is still maintained.
Usually after a wave of upward trend lasts for a period of time, if the short-bottom divergence rate is too large, and the market rises (or kills) more rapidly, the contract market position is reversed and incremental, which may be the prelude to the long and short double kill.
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|BTC|2023 / 11 / 10|Trend Analysis. Short-term strategy. Long-term strategy|
Condensed comments: Last night, it once hit the 38K dollar mark, and the previous 37.8K dollar increase was up to the standard, and as expected, the heaven and earth needle market, up and down the amplitude of 6.2% after continuing to pull back, the short-term is expected to continue to stabilize above the 35.3K dollar range, and the overall bullish structure is still maintained.
Usually after a wave of upward trend lasts for a period of time, if the short-bottom divergence rate is too large, and the market rises (or kills) more rapidly, the contract market position is reversed and incremental, which may be the prelude to the long and short double kill.