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Reviewing today's intraday price action, the coin price overall showed a pattern of initial decline followed by recovery. After continuous pulling and consolidation in the morning, the white market coin price continued to decline to 69,300, where it bounced off the bottom. In the afternoon, the coin price continued to slowly rise, successfully recovering all the space lost from the early morning pullback. Subsequently, the coin price followed the US stock rhythm with rapid wide-range pulling. Currently, the coin price is again pulling and consolidating around the 70,000 level. For real trading today, we captured 1,222 points of space with short positions in the morning, and 1,152 points of space with long positions in the afternoon, perfectly timing the intraday action. Our trading ideas and strategies were provided to everyone in real-time. Friends who followed along should have obtained satisfactory returns. Waiting and hesitating only means repeatedly missing good opportunities to accumulate quickly. Our account doubling recruitment plan is still in full progress. Friends wanting to improve their situations quickly can follow along directly.
Looking at Bitcoin's 4-hour chart, after the coin price surged to 71,500 and pulled back, it entered continuous wide-range oscillation. Currently, the coin price is still trading within the previous oscillation range with no trend or momentum to break out of the range in the short term. The 4-hour Bollinger Band is continuously contracting. Combined with Friday's market approaching, the current oscillation will produce a new breakout direction by tomorrow evening. Key focus should be on tomorrow evening's US market and stock trends. From the short-term hourly perspective, after the coin price fell below the middle band with consecutive bearish candles, it produced a large bullish candle that quickly recovered all previous pullback space. The current rebound trend is continuing to develop. MACD energy histogram shows bulls currently hold certain advantage, but from the overall K-line structure perspective, there is not much upside space remaining. Combined with weakening US stock stimulus, we continue to expect coin price pullback in the near term. Participate in rebound high-short layouts accordingly.
Bitcoin at around 70,800, watch 69,500 nearby. Ethereum at around 2,090 short, watch 2,020 nearby.
#Gate2月衍生品市场份额创新高