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Morning Silk Road and Recommendations
What I didn't expect yesterday was that I would only go up in the evening, which is also beyond my control. The evening also saw a large increase in Bitcoin's price, with a 1800-point space, showing a calm and composed attitude, with a simple outlook.
From a technical structure perspective in the morning, Bitcoin's daily chart remains in an upward channel, but short-term indicators show overbought conditions, indicating a need for a correction and repair. The 4-hour MACD has a golden cross, indicating a neutral to bullish zone, suggesting short-term bullish momentum is still present. The intraday strategy is to continue going long at lower levels.
Morning Recommendations
Buy within the 71,300-70,500 range for Bitcoin, with an upward target of 72,800-73,500.
Buy within the 2,180-2,160 range for the attitude indicator, with an upward target near 2,250-2,290.
The above is only personal advice; please follow Sister Lin's layout for specific actions. $BTC