April 1st Kunpeng BTC market data analysis: Understand it in one article! Market game under a 4-hour pullback!
The market data trend is consistent with the path I analyzed for everyone in the group yesterday. The current 4-hour level pullback has not yet confirmed its end. From the 30-minute level, the price is likely to continue to oscillate after the pullback, further constructing a second 30-minute central point. After the oscillation ends, the price may break the bottom again. At that time, there is a high probability of forming a 30-minute two central trend divergence pattern, signaling the end of this 4-hour level pullback. If the bulls want to reverse the trend, they need to pull the price back above 85000 and then retest. Only if this condition is met is it possible to directly end the current 4-hour pullback. In this case, there is also a possibility of forming a second buying trend on the 4-hour level, although the signal is not strong. From the daily level analysis, even if the price breaks below the previous low of 76000, it is highly likely to end this round of pullback through the divergence of the two central trends on the 4-hour chart. Moreover, even if the price unfortunately falls below 70000, the left central can still provide strong support, which is undoubtedly an excellent entry opportunity. Overall, it won't be long before the market warms up this year. It is recommended that everyone be patient and not worry about missing out. Since you have already invested firmly, please hold on to your beliefs and continue to move forward!
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April 1st Kunpeng BTC market data analysis: Understand it in one article! Market game under a 4-hour pullback!
The market data trend is consistent with the path I analyzed for everyone in the group yesterday. The current 4-hour level pullback has not yet confirmed its end.
From the 30-minute level, the price is likely to continue to oscillate after the pullback, further constructing a second 30-minute central point. After the oscillation ends, the price may break the bottom again. At that time, there is a high probability of forming a 30-minute two central trend divergence pattern, signaling the end of this 4-hour level pullback.
If the bulls want to reverse the trend, they need to pull the price back above 85000 and then retest. Only if this condition is met is it possible to directly end the current 4-hour pullback. In this case, there is also a possibility of forming a second buying trend on the 4-hour level, although the signal is not strong.
From the daily level analysis, even if the price breaks below the previous low of 76000, it is highly likely to end this round of pullback through the divergence of the two central trends on the 4-hour chart. Moreover, even if the price unfortunately falls below 70000, the left central can still provide strong support, which is undoubtedly an excellent entry opportunity.
Overall, it won't be long before the market warms up this year. It is recommended that everyone be patient and not worry about missing out. Since you have already invested firmly, please hold on to your beliefs and continue to move forward!