Bitcoin (BTC) currently presents a complex combination of signals in the market, worthy of close attention from investors. From a technical perspective, a rising channel has formed on the short-term Candlestick Chart, but this channel seems poised to be broken, which may suggest some downward pressure. However, the Spot market still shows positive signals, with the Spot premium index remaining in positive territory, indicating that Spot holders have not yet displayed a clear willingness to engage in dumping. This indicator provides some support for long positions. Additionally, on the 4-hour MACD indicator, we have observed two instances of bullish divergence, which is often seen as a potential reversal signal, further boosting the confidence of long positions. Overall, despite some potential downward risks, bullish signals dominate, providing a theoretical basis for the market to continue its rebound. Investors need to weigh these different market signals and conduct a comprehensive analysis in conjunction with other factors when making decisions.
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ChainBrain
· 08-30 22:05
Hold on! The market manipulator almost tricked us this time.
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Degen4Breakfast
· 08-29 06:16
Predicting the rise and fall again, cashing out is the right move.
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SchrodingersFOMO
· 08-28 01:55
Just buy it, no need to make it so complicated.
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DefiPlaybook
· 08-28 01:47
Long positions account for 32.7%, pay attention to the 22k resistance level pullback in the short term.
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YieldHunter
· 08-28 01:43
actually the macd signals mean nothing when liquidity is this thin...
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TokenStorm
· 08-28 01:42
Looking at this K-line backtest, there is a 70% probability that this is a trap.
Bitcoin (BTC) currently presents a complex combination of signals in the market, worthy of close attention from investors. From a technical perspective, a rising channel has formed on the short-term Candlestick Chart, but this channel seems poised to be broken, which may suggest some downward pressure. However, the Spot market still shows positive signals, with the Spot premium index remaining in positive territory, indicating that Spot holders have not yet displayed a clear willingness to engage in dumping. This indicator provides some support for long positions. Additionally, on the 4-hour MACD indicator, we have observed two instances of bullish divergence, which is often seen as a potential reversal signal, further boosting the confidence of long positions. Overall, despite some potential downward risks, bullish signals dominate, providing a theoretical basis for the market to continue its rebound. Investors need to weigh these different market signals and conduct a comprehensive analysis in conjunction with other factors when making decisions.