In the short-term trend of BTC, the MA5 and MA10 moving averages both turned downward earlier. Short-term bearish pressure was released intensively, the coin price plunged rapidly, and the price deviated significantly from the short-term moving averages, creating an extremely exaggerated negative divergence value.



According to the technical law of moving average divergence, extreme deviation will inevitably be followed by forced divergence repair. The conditions for a short-term bounce repair are fully mature.

Looking at the medium to long term cycle, the downward slope of each declining moving average is continuously slowing, bearish selling pressure is being consumed, momentum is gradually weakening, and the market currently lacks sufficient momentum to start a new round of deep decline. The downside space has significantly narrowed.

Trading suggestion: Aggressive traders go long at current price; conservative traders go long around 59000-58400, targeting 61400-62000, and if broken, 63500.
#预测市场交易量创历史新高 $BTC $ETH $SOL
BTC-1.14%
ETH-0.76%
SOL-0.73%
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LinranFinance
· 3h ago
Just go for it 👊
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