Bitcoin surpassing $70,000 marks another milestone for the market. These days, looking at the charts, it's interesting to see sell-off signals appearing repeatedly.



Since last week, the movements of the whales have also noticeably changed, and among short-term traders, profit-taking pressure is increasing. The price seems to be changing its course gradually as it faces resistance several times around the $70,000 level.

Personally, I think these signals are actually a time to be more cautious. No one knows what the next move will be, but the current technical indicators are showing enough situations worth paying attention to.
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
  • Pin