Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

BTC is moving a bit indecisively at this level, engaging in a tug-of-war around 88,000, with both bulls and bears continuing to struggle. Currently, the price is running above the middle Bollinger Band at 86,200, but the resistance at 89,000 is obvious. The RSI has dropped from the overbought zone to 63, which counts as a healthy correction. After the MACD golden cross, it keeps moving upward, but a net outflow of 329 million is a hidden risk, indicating that big players may be reducing positions during the rebound.



Trading strategy:
You can go long if it pulls back to around 87,200-87,500, targeting 90,000.
Don’t get carried away by the rebound; waiting for a pullback opportunity is safer, especially when large funds are flowing out. #加密市场回暖
BTC-0.53%
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
  • Repost
  • 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)