Market overall trend: Weak adjustment, liquidity drying up risk becomes prominent



Bitcoin is currently around 87,100, just below the middle band of the Bollinger Bands, which is the short-term strength and weakness dividing line and the critical point of bulls and bears: 87,082 (upper band resistance) vs 85,382 (lower band support). Any breakout by either side will trigger a trend-following move. DIF (305.6) has crossed below DEA (515.4), forming a death cross. The MACD histogram value is -419.6, indicating increasing bearish momentum.

Wednesday night short-term 🧵:
Look around 87,400-88,000; watch: 86,300-85,500

Look around 2,950-2,990; watch: 2,910-2,860

Personal opinions are for reference only; everything is subject to Sister Xi's real-time trading! $BTC $ETH
BTC-1.35%
ETH-2.62%
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