#美联储回购协议计划 Morning market quick look: Is there still hope for BTC?

The bullish fundamentals for Bitcoin are still there, and this dip is actually a good time to get in.

Looking at the 4-hour K-line situation — the price is oscillating closely around the middle Bollinger band, and the integrity of the upward structure is still maintained; the MACD lines are still mixing above the zero axis, showing no signs of death cross, and the bears have not taken control yet. Although recent buying pressure has indeed weakened a bit, the selling strength is also fading quickly; the KDJ is about to golden cross at a low position, which is a clear signal to go long. The sell orders above are actually the regular washout by the main force, which is not a concern.

How to operate? Consider positioning to go long near the lines of 88000 and 87500, initially looking at the position of 90500. If 90500 is broken, then continue to focus on 92500. $BTC $ETH also needs to be monitored.