Bitcoin Short-Term Analysis



Analysis: Rebound around 1890-1920 to short, watch 1800-1700, 1950 for ETH

Bitcoin follows Ethereum to short on rebounds, the short-term downward trend is clear, and the weak market pattern remains unchanged. The moving averages are generally arranged in a bearish downward configuration, with prices consistently trading below the moving averages. MACD is below the zero line in the bearish zone, indicating ongoing bearish momentum. Intraday rebounds are primarily opportunities to short at resistance. An intraday rebound is a chance to short. $ETH
BTC-5.62%
ETH-6.38%
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