Judging from the BTC order-book structure, the current overall operating pattern is very clear. With price action anchored on key support, it has been rising steadily, and the bullish rhythm continues to play out healthily. Throughout the entire upswing, there has been no weakening signal such as a volume-driven selloff and sharp dip, which is enough to show that the main players’ long-biased intent is solid and firmly held—so the market’s steady strength is definitely not a short-term trap for latecomers.



At this stage, the minor consolidation is not a top-and-reversal signal for the trend, but rather a normal technical retracement during the climb. First, it clears out short-term profit-taking floating gains and eases selling pressure; second, it accumulates strength and rotates positions to set up the next round of upward attack. This kind of strong consolidation that uses time to gain space is precisely the bulls’ strong control of the market.

#WCTC交易王PK
BTC1.41%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments