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From the price of BTC, it was not affected by Trump's threat to the market on Friday, but the overall trading volume was still in line with the weekend's low liquidity. Whether the market has desensitized to tariffs from Europe and the United States still depends on the trend of the US stock market after opening next Tuesday. Monday is a holiday in the United States, so it is hoped that no tricks will be played out. If there is information interference during this low liquidity period, it is easy to increase the amplitude of prices. The stock on the exchange remained relatively stable over the weekend, and the newly transferred Bitcoin has been digested, which may also be the reason for the stability of BTC prices. In the short term, there is no sign of panic among investors.
The turnover rate on weekends is not high, and there is not much pressure on prices. In fact, from the data of the exchange, it can be seen that most investors are still indifferent to the current price changes. The main traders are those who have bought at the bottom in the past two days, while earlier investors are still in a wait-and-see state. After updating the URPD data today, the six support levels have been readjusted and the changes are not significant. The main support level is still between $93000 and $98000, which has the greatest impact on the market. As long as investors in this area do not panic, the market is still relatively stable.
The current 1-hour cycle K-line shows that BTC prices are above EMA24 but below EMA52, and the MACD bar chart continues to shrink, indicating an increasing downward momentum. However, the market trading volume has severely shrunk, only 18.67% of the average level, and market interest has significantly decreased. Due to the lack of large transaction data, we are unable to accurately determine the movements of our main funds, which increases the risk of market fluctuations. Based on the K-line pattern, there has been a recent trend of top division and bearish engulfment, releasing strong bearish signals. However, there is no verification of large market orders, and it is still unknown whether the main force has truly left the market. Enter the live broadcast room, track large transactions, accurately capture main force movements, and stay ahead of the trend by one step!
Live room detailed explanation: Large transactions help you lock in the main direction in advance and win at the starting line!
Operation suggestion:
BTC106500 long. First target: 107800. Second target: 109000
ETH 2450 long first target watch 2520 second target watch 2600
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
