Hua Zai’s Evening Market Outlook on BTC:



From a technical structure perspective, Bitcoin surged into the 750-755 resistance zone and then fell back under pressure. The hourly chart has continuously closed with upper wicks, and the sell-off pressure at high levels has been clearly released.

The moving averages’ bullish alignment is gradually turning, with MA30 rising and forming suppression pressure. During the ranging period, trading volume has seen a moderate increase, which is a typical downtrend continuation consolidation pattern.

Trading suggestion: Short at 74500-74800, target 73500#GatePreIPOs首发SpaceX #Gate13周年现场直击 #美伊局势和谈与增兵博弈 #WCTC交易赛瓜分800万USDT
BTC-1.03%
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