BTC Market Fluctuates After Volatile Weekend

After a volatile weekend for BTC, the market began to fluctuate during the day today. As of now, it has fallen by about 1%. The recent trend of the market market has been volatile and weak, mainly due to the compensatory growth of Ether and some copycat market making. We have recently mentioned When the pie reaches the key point of 52000, it is necessary to consider adding floating profits when it reaches 52000. At present, it has been unable to stabilize. In operation, we can only lower expectations and do risk control in the downward direction.It rebounded to a high near 52,000 early this morning, which is lower than the previous high. We can see from the shape that the trend on the right side after the new high is much weaker than the trend on the left, which is reflected in both volume and volatility.In recent days, the market has been mainly dominated by Ether, which has been linked to some copycats. Instead, the big market has been relatively quiet and the trend has been weak.The short-term EMA15 at the current position has once again crossed below the EMA40, indicating that the short-term market is weakening, and the 4-hour SAR has sent a reversal signal, indicating the possibility of further weakness in the short-termAt the point, there is short-term support below. If 50600 is touched again, it will most likely be broken directly. The support comes from demand. If a point is touched multiple times, demand will continue to weaken. Below we will continue to focus on the 50000-50300 range. If we can Only when support is formed can you consider entering long orders. The lower middle line supports 49,000.In terms of operation, if you currently hold long orders, do a good job in risk control. For example, if you enter the market near 50600, bring a capital-guaranteed stop loss. Pay attention to 50200-50300 below. If support can be formed, then consider entering. If it breaks directly, there is a high probability. Hitting midline support near 49000

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