BTC Market Analysis: Bearish Overall Trend #BTC


Daily Level: Although reluctant to admit it, the SMA1000 has truly broken through, and the market manipulators cleverly shook it the day before yesterday
4H Level: The nine-turn trend has returned to a bullish trend, and the closing line also remains above last year's lowest point
Summary: Weekly MACD has a golden cross, daily SMA20/50 has a golden cross, SMA1000 has genuinely broken through, weekly and daily levels are aligned, only the 76,000 resistance level remains as the last reason for the bears, high places are cold, I really want to short, but my system tells me I might need to test the daily SMA120, so I’ve closed my short positions for now and will re-enter when the opportunity arises, not foolishly opening longs.
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