The daily chart shows a standard "Evening Star" pattern, continuing to be bearish. The key support below is the BOLL middle band at 89,000. The four-hour chart shows three consecutive bearish candles continuing downward. The outlook remains unchanged, and the rebound is still bearish.
However, the recent trend is a rise followed by a fall, with a continuous decline downward. Many people can't hold on? If you're on the bullish trend, you must believe in yourself. In the past few days, I haven't given any long positions, so hold your short positions well. A big move could happen at any time.
Today is still expected to see some decline. Tomorrow, Friday, focus on the tariff ruling and the major non-farm payroll data. If negative factors accumulate, Bitcoin breaking below 85,000 could also be a large bearish candle.
Honestly, recent volatility hasn't been significant. We urgently need a large bearish candle or a continuous decline of over 5,000 points. $BTC
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.
The daily chart shows a standard "Evening Star" pattern, continuing to be bearish. The key support below is the BOLL middle band at 89,000. The four-hour chart shows three consecutive bearish candles continuing downward. The outlook remains unchanged, and the rebound is still bearish.
However, the recent trend is a rise followed by a fall, with a continuous decline downward. Many people can't hold on? If you're on the bullish trend, you must believe in yourself. In the past few days, I haven't given any long positions, so hold your short positions well. A big move could happen at any time.
Today is still expected to see some decline. Tomorrow, Friday, focus on the tariff ruling and the major non-farm payroll data. If negative factors accumulate, Bitcoin breaking below 85,000 could also be a large bearish candle.
Honestly, recent volatility hasn't been significant. We urgently need a large bearish candle or a continuous decline of over 5,000 points. $BTC