🔥Bitcoin made a violent rebound in the evening, don't be overly bearish 👇

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In the weekly market, it is currently at the critical point of a fluctuating range and a downward trend. Weekly level:
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1. In the moving average market, with last week's rise and fall, this week is the trend of BBI death fork MA30, then there is a possibility of a definitive decline in the market throughout March, so the daily trend occurs again, then the cycle will resonate and will also go out of the trend down;
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2. In the trend of Boll, with the collapse of the daily line, the currency price has fallen to the lower band of the weekly boll, so there is a market where the cyclical trend comes in advance, so we need to observe whether this week can be yin, if formed, the weekly trend will come;
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3. In the trend of quantity and energy, VR in March, we boiled down to the action of changing hands, so after this action is completed, it is distributed or tempted, but this week, the change of hands is not completed, so the market will fall by the trend; In the trend of OBV, it has begun to reach a new low, but it has not deviated, and the moving average of OBV has not turned downward, so the general trend here has not yet been formed, but the real collapse is coming if it is even yin;
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4. In the current potential market, the RSI and MFI show some downward resonance. If there are consecutive bearish days, the resonance will be fully formed. However, the CCI indicates that it currently needs to test the zero axis, so the probability of a decline is greater.
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5. In a balanced market, first of all, tell us that the market of the weekly line of the two weeks will not collapse directly, if you want to see the trend, you need the weekly line of the yin market, so that the end of the cloud can turn out of the cloud, and the currency price will hit the cloud according to the arrival of the time node; Therefore, in the past two weeks, we need to be patient with the observation of the weekly chart;
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In summary: Currently, the weekly market is at a critical point between a consolidation range and a downward trend. If we look at the weekly trend downwards, then we need three consecutive bearish candles to set the stage. Therefore, the major trend requires time to observe, and we should not be overly bearish; today's short position reference is the resistance at 81500/1635.
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