The current market trend has diverged somewhat from expectations, but this will not affect our overall judgment. Currently, the price of Bitcoin has shown a clear strong rise channel and is approaching the psychological level of 106000, which will be an important resistance level to follow. As the price climbs to around 105500, the upward momentum begins to weaken, which may indicate an impending short-term adjustment. In this case, investors may consider moderately laying out short orders at high points, setting the target near the support level of 104000 below. However, it is important to be cautious as the price may experience another dip, and investors should maintain a prudent attitude and ensure proper risk management.

NOT3.67%
BTC0.14%
CLEAR-1.36%
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)