The current market situation is quite interesting—#数字资产市场动态 After consecutive bearish candles, $BTC has rebounded a bit, but this rebound is really weak, and it was quickly pushed down again. Looking at the MACD, the green bars below the zero line are getting thicker, and the two lines are also crossing downward, indicating that the bears are still quite strong.


The four-hour chart shows the same situation, with the price being firmly pressed down by the middle band of the Bollinger Bands. Even though it’s trying to move upward within the volatility, the selling pressure is too fierce to break through. The three lines of the KDJ are starting to turn downward, and a short-term weak pattern has already formed.
From a multi-timeframe perspective, it’s recommended to follow the bearish trend—consider shorting in the range of 90000-90500, with targets around 88500-88000. Such intense market swings themselves are opportunities; the key is to be prepared. The market is always there, it’s just a matter of whether you can seize it.
BTC-0,4%
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
  • 5
  • Repost
  • Share
Comment
0/400
GasWranglervip
· 01-26 02:23
nah, the analysis here is honestly sub-optimal—if you actually analyze the mempool data, those MACD signals are demonstrably lagging. technically speaking, relying on four-hour candles without considering base layer transaction throughput is gas-inefficient trading, tbh
Reply0
OnChain_Detectivevip
· 01-24 20:05
ngl the patterns here are screaming textbook bear trap setup... those weakening bounces + macd dead cross? flagged it immediately. but honestly? everyone's reading the same charts, which makes me suspicious of the recommendation itself. statistical anomaly or coordinated liquidation cascade? let me pull the data on wallet clustering around those zones first before touching this.
Reply0
PortfolioAlertvip
· 01-23 06:30
They're starting to dump again; this rebound is just a cover.
View OriginalReply0
JustAnotherWalletvip
· 01-23 06:21
The short position this time is indeed solid; the rebound was crushed back down. Now it's just a matter of whether it can drop to 88.
View OriginalReply0
GasOptimizervip
· 01-23 06:04
It looks like this wave is going to drop again, the bears are really steady.
View OriginalReply0
  • Pin