Good afternoon everyone, I just got off the plane not long ago. Currently, BTC's daily chart shows a small positive Rebound correction after four consecutive bearish candles, with a local adjustment at a low level. The overall strength is not too strong, which is quite different from our expected Rebound. From the current overall perspective, BTC's daily chart has closed with a bearish candle, giving a relatively long lower wick, and the intention to recover is not obvious enough. Combining with the 4-hour chart, the coin price is currently facing resistance around 102000 during the Rebound. The overall trend remains in a downward channel. In the short term, the Bollinger Bands are continuing to diverge downwards, with short-term points at 102300-102600 still under high pressure. As the saying goes, if it cannot stabilize above 102300, it will still be a short position.



BTC is currently priced around 102000, short directly, with a target to first look at 98000.
The current price of the concubine is around 2550, directly short, with the target first looking at the previous low point of 2110. #BTC & ETH
ETH1,39%
BTC0,38%
View Original
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
Add a comment
Add a comment
No comments
  • Pin