Yesterday, the two major coins declined as scheduled down to near support, then rebounded, reminding everyone to pick up here. The upside target is around 82,000. Overnight, the big coin still precisely targeted and touched that level; this move was nearly a 3,000-point drop and then hit the mark in one go.



Bitcoin is currently in a critical tug-of-war zone. Technically, it shows a structure of support below and heavy pressure overhead. Market sentiment is somewhat cautious yet optimistic, but in the short term the technical picture is under pressure. The short-term moving averages are turning upward. The MACD is also forming a golden cross below the zero line, but the momentum histogram bars have shortened, indicating that near-term buying power has weakened. In the short term, pay attention: if it hasn’t broken yet, take a short between 81,800-82,500. Then look for around 8W; if it breaks, watch for around 79,000. #
BTC0.66%
View Original
post-image
post-image
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
  • Pinned