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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Let's talk about the current Bitcoin market. The rise📈 in the weekly chart is extremely crucial in the overall trend. At the same time, there is a divergence at the current level, but market trends often occur during divergences. If the high point at the weekly level does not continue, then this rise📈 at the weekly level will be completely over.
The key point is the daily level of 103000, which is particularly critical, as well as the two-day line at 103473 USD. Once this level breaks, whether it is contracts or spot, one must choose to realize profits. If the above two positions do not hold, then the subsequent market will need to adjust for a long time.
A long time refers to levels above the weekly chart, such as the ten-day and fifteen-day lines. It may even reach the monthly line level. The above analysis is only a static market analysis, and I hope all investment friends can treat the current market rationally. The above views are for reference only and do not constitute any investment advice!
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