There was a slump last weekend. Would have earned a bit if you have read the last BigONE Contract Daily. This time the price fell below 33,000U, which is still relatively low. The mining companies are closed and the miners selling off is one of the reasons. The long/short ratio of BTC contract is 0.92, and market confidence has recovered slightly. Technically, the 4-hour line fell all the way down, but the 1-hour line gained short-term support at 33,000U. The Bollinger Bands opened; RSI and KDJ turned upwards; the small golden cross appeared, and MACD showed the first bull candlestick. There will be a small pick-up.
Focusing on the 33,300 mark, if the price can not stabilize here, continue to call back. Then the important mark would be 31,000U. Short would dominate the market later on.
Focusing on the 33,300 mark, if the price can not stabilize here, continue to call back. Then the important mark would be 31,000U. Short would dominate the market later on.