Currently, the Bit trend is entering a repair and consolidation phase, with short-term weak fluctuations and a flat market adjustment. Opportunities for high short positions and low long positions can be found intraday. After the pullback, market panic arises, and bullish enthusiasm declines. If a good rebound is hard to come by, downward movement may continue, with intraday rebounds weakening and upper resistance shifting downwards, making it difficult to break the 114000 - 115000 price area or to decline further. The support level of 112000 has been reached, with four consecutive hourly bearish candles, indicating strong short positions. Follow the support, and if it breaks, go short accordingly.



113500 short positions, target 110000, slope position follow the trend see 100000
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)