Go short when the Bitcoin price reaches 3,000?

1. Price Trends

Ethereum is extremely hot, with a trend of breaking through 100 yuan, while the current Bitcoin price has returned to around 2970, and the support of 2970 has turned into a small resistance line. Yesterday's price trend once again proved the slogan of the Air Force, "Go short when it reaches 3000 points, it's an ironclad truth." Yesterday morning, it broke through 3000 and was immediately suppressed. This morning, it broke through 3000 and was directly smashed by 2%, hitting the support of 2940. Yesterday afternoon, we also told everyone in the official group that we should be careful of the daily line forming a "three-top" pattern. 2950 is just at the middle line of the Boolean track, and it may become the dividing line between long and short. If 2950 stabilizes, the callback will become an upward relay. Resistance 2970, 3000, support 2940, 2900.

2. The newcomer index is based on the amount of funds entering the market

The Newcomer Index has not changed much in the past two days. If something special happens in the digital currency industry, the data will reflect it clearly.

3. The long and short index looks at the market's recognition of the price

The following figure shows the hourly long-short index. When it is close to 3000, there are still many bearish sentiments, but after the price correction, the bullish sentiment is strong again. If there are still many bullish sentiments during the day, the price may continue to rise. Pay close attention to the changes in the long-short index.