Morning thoughts


From the market perspective, the 4-hour cycle shows increased volume breaking below the lower Bollinger Band, indicating a shift from the high-level consolidation pattern. This morning, the price dropped sharply, with the lowest touching 64,918. Currently, all cycle moving averages are in a bearish alignment, and the price is under the short-term moving averages. The KDJ indicator shows a death cross downward, indicating ample bearish momentum. Short-term rebounds are weak, and the downtrend is clear.
Trading suggestions:
Bitcoin around 67,000, target near 65,500
Ethereum around 2,020, target near 1,980
View Original
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
阿威论势vip
· 03-30 01:07
Gen Dan
Three Stripes+
Btc244930

Gen Dan
🦇➕
4450829

Gen Dan
q+
907
103
357
View OriginalReply0
  • Pin