Analyze the trend of AIXBT/USDT: In the short term, it is recommended to set a stop loss level near 0.55 to avoid the risk of a large retracement. #binancearbitragetradingstrategy#bitcoinmarketanalysis#binance#currency circle#binance’s automatic arbitrage

Based on the K-line chart of AIXBT/USDT you uploaded, the following is a preliminary analysis of the trend: Technical indicator analysis: Moving average (MA): The picture shows multiple moving averages (MA9, MA30, MA50, etc.), and the current price has clearly exceeded the short-term and The medium-term moving average indicates that bulls have the upper hand in the short term. A bullish moving average (the short-term moving average is above the long-term moving average) is usually a sign of an uptrend. MACD indicator: The MACD fast and slow lines (12, 26, 9) are above the zero axis, and the fast lines are upward, indicating that the market is still in a bullish trend. The histogram is showing signs of shortening, which may indicate that the upward momentum is weakening in the short term. Trading volume: The recent positive lines have been accompanied by large trading volumes, indicating that there is strong support for the rise. However, the current trading volume has shrunk, and we need to be wary of subsequent adjustments caused by insufficient momentum. Phased analysis: Support level: The current important support level is around 0.50 and 0.45 areas (the top of the previous shock consolidation range). Resistance level: The current resistance level is around 0.67 (previous high position). If it can be broken through, it will further open up room for growth. Short-term trend: As can be seen from the chart, the price has experienced a strong rise and is currently in a high-level consolidation stage. Mid-term trend: The mid-term trend is biased towards the bulls, and it needs to be observed whether it can stand above 0.62 in the future. Operational suggestions: Short-term trading: If the price fails to break through 0.67, you can consider partial take-profit near here. If the price pulls back to the 0.60-0.55 range, you can pay attention to the rebound signal and increase your position appropriately. Mid-line trading: If the price can stabilize at 0.62 and continue to increase in volume, you can consider holding long orders with a target of 0.70. If the price falls below 0.55, you need to be wary of the risk of falling back to 0.50 or even lower. Risk control: In the short term, it is recommended to set a stop loss level near 0.55 to avoid the risk of greater retracement.