OurBit (Obit) Liquidation Daily: Bitcoin high performance meets resistance and pullback. Beware of currency declines to date

Bi Xiaosheng, OurBit Gold analyst: Yesterday, BTC fell. It peaked at 37850 after opening and facing resistance. The market is benefiting from the decline. During the evening's close, the low hit 33.350. Since then, the market has started to rally, breaking from a high of 35600 this morning, and now hovering around 34650 lines and reversing. Measure: Bitcoin did not outperform the 38,000 and the market fell. Within an hour the market moves to the lower line of the Bollinger bands, the KDJ 3-wire fork diverges downward, and the first-class market connects the upper rail of the Bollinger bands under the golden 3-wire KDJ fork. Overall yesterday, market demand slowed and currency prices led to a deeper recovery. The downtrend gradually subsided and fell to around 33,350. After falling back to around 35,600, the market was hitting again. The short downtrend also supports short selling among the competition, mainly the upper resistance line 35500 and the lower line focusing on the 34000, 33000 and 32000 lines. Recent markets are heavy so be careful with risk management .