#BTC Major Momentum Update


BTC continues to operate below 60K, and in early trading it again refreshed a new stage low. Bears still control the market rhythm, and the weak pattern has not changed. Institutional funds continue to outflow, and the crypto market is under short-term pressure, with the trend still mainly oscillating downward.
Structurally, BTC has entered a bearish channel phase. Tonight, the focus is on the European Central Bank forum. Federal Reserve Chairman Warsh's speech may become a key catalyst for the market.
BTC1.20%
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