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Bitcoin 4 hours analysis-shocking and shrinking market atmosphere, watch more and less move to avoid losing money
After that wave of rise yesterday, the price did not go up in the end. Fortunately, it was a fair price protection and no loss.
From today’s point of view, the 4-hour shock and contraction have been relatively obvious (the red line is the boundary of the triangle), the Bollinger Bands are tightened, the volatility is also low, the macd is almost a straight line, and option traders can buy straddle to gamble here. For large fluctuations, contract traders can go long or short at the boundary of the pattern, and then actively protect the price, but it is best to wait for the direction to come out before operating to avoid the risk of up and down pins.