In the early morning hours, Bitcoin surged to test the 770 level but then lost momentum, and the market entered a slow downward trend, fluctuating and declining gradually, with the lowest point touching 751. The short-term trend has turned weak again.


It is worth noting that the previous important support at 760 was briefly broken, but the bears did not significantly increase their volume to push the decline further, and the downward momentum is now insufficient. At this point, do not blindly chase short positions or panic sell.
Trading suggestion: Today’s short-term strategy should prioritize rebound and correction. Consider gradually adding long positions in the 755-751 range, with the initial target at 768. Once broken, look for a move toward the 775 range. $BTC #Gate广场披萨节
BTC-1.62%
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
  • Pinned