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#比特币 Market review
BTC broke through 38,000 again last night to 38,377, but unfortunately failed to break through the new high of 38,500, and has now retraced below 38,000, BTC has also failed to rush higher many times. Last night's trend was a real reversal of the ending, yin to yang. This morning's opening is also up, and it is still a small black candlestick.
Trend analysis
Judging from the 4-hour market, Sanyang also made a small retracement after that, and then the white market began to rebound slightly upward. The bullish energy below the MACD is too strong, and there are 8 bullish energy columns in a row, which must have exhausted the bullish energy. KDJ also began to shrink, and there are various signs that breaking new highs has encountered resistance and has begun to retreat.
The disk of the hourly line has begun to retrace, after the MACD bullish energy column is consumed, it is also the beginning of the short energy column insertion, and the current currency price in the upper Bollinger band shocks, is still hanging people's appetite, but since the failure to rush higher, then it must be broken through again after a new round of repair.
Suggested actions
BTC 38200-37900 is empty, and the target is 37100-37400. Defense 38600.