TermMax Daily Topic: (Bitcoin’s overall daily-chart structure is running weak: the recent high points continue to step down. The prior rebound was only a weak recovery after a sharp drop and did not produce any strong signal of a trend reversal. As the rebound nears its end, bear selling pressure is concentrating and pushing hard, and the downtrend has not yet ended. The market is highly likely to continue dipping to revisit the key support zone of 59,500-61,000. The current price still has room to fall, and buying the dip right now comes with substantial risks.)

BTC0.17%
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