Currently, on the 4-hour level, the EMA7, EMA30, and EMA120 moving averages are all rising, with EMA7 above EMA30 and EMA120, providing strong short-term support for the price to rise. The midline of the daily chart has broken through, and the focus for the day is on the coin price stabilization. If stabilization occurs, there is potential for the coin price to push upward; conversely, it may fall below 85000. The operation suggestion is to primarily focus on short positions, with some support for long positions.

Morning short-term suggestion, short at the line of 86500 for Bitcoin, target 85000, the aunt is synchronized #BTC

BTC-5,08%

ETH-6,03%

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.