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Star Academy: Bitcoin is currently blocked at 10W, is it about to undergo a major reversal?

2025-01-06 11:00

Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I am Tony the Elder. I will be live streaming for everyone at exactly 7 pm tonight. Bitcoin has been bullish for 6 consecutive days, with a 5.04% increase from the 1st to the 5th and a fluctuation of 11%, Today, Bitcoin surged again to 99924, and after touching it, the market took two 30 minute candlesticks to retrace the trend. Currently, there is 5-minute support for 99400 at the small level. If this support position is effective, short-term Bitcoin will rise above 100000. In the larger context, if Bitcoin does not stabilize at 100000, the market will still follow a box oscillation framework, around 91500 to 100000. This rebound will not constitute a large-scale unilateral bullish breakthrough to historical highs. From the perspective of the time and space for correction, it is obvious that there is not enough. If Bitcoin does not stabilize at 100000, it is very likely to rebound again to the 97000 area. The short-term idea is to wait and see what kind of naked K form it will reach at the 100000 level. The sentence is:. If it's not a breakthrough in volume by crossing the bullish candlestick, then the main focus in the later stage will be on planning short positions. Today's knockoff market is also in a slow and downward trend, not closely following the rise of Bitcoin. I estimate that this may be due to funds focusing on the Bitcoin 100000 mark, or rather, people not having much confidence that Bitcoin can break through strongly in the near future. Tonight, I will focus on discussing the playing style and layout of this range with everyone. Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. Weibo account: Old Tony ccc Assistant WeChat ID: ETH229922 QQ group number: eight hundred and ten million seven hundred and ninety-four thousand and ninety-five Meeting number: 676-625-6335 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.

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