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Is there still a chance for the market to rebound at the end of the year after cutting interest rates and killing losses?
Daily trend of Da Bing
From the daily trend of the pancake, we can see that it has formed an oversold rebound after touching the 90000 level below, with a rebound height near the 100000 level, and then began to oscillate downwards. Then, a consolidation zone was formed in the 93000-95000 area, and the upper part also entered the ABC pullback wave of the C wave trend. In terms of structure, it may continue to follow the right shoulder trend of the wave. The MACD indicator has a dead cross downward, and the bullish energy of the market is shrinking. There is still a possibility of further decline in the market. The focus below is on the 90000 level, and buying low and selling high.
Auntie's intraday trend
From the daily trend of Auntie's chart, we can see that after experiencing another round of 4100, a double top structure appeared ahead, and the market continued to decline after the double top structure appeared again. It started to rebound near the 3100 support, and at this stage, a one wave rebound trend has emerged. In terms of indicators, the MACD indicator also showed a dead cross downward, approaching the zero track area. Pay more attention to the 3000 area below the market and carry out low long operations above it.
In terms of news: agency shipments, market bulls continued to cool, and Trump reappointed the chairman of the sec.
In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics!
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Disclaimer: The above content only represents the author's personal views and is for communication and sharing purposes only. It does not represent the position or viewpoint of AICoin and does not constitute any investment advice or external contacts based on this. It is not related to AICoin and the consequences are borne by AICoin.
