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Gate Square New & Returning Creator Rewards are ongoing!
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Today’s Market Outlook
Bitcoin struggles to hold above 90,000, facing strong resistance at 90500-91000. When pushing higher, long upper shadows appear, and with excessive selling pressure, it cannot break through.
From the 4-hour MACD, the bullish crossover is weakening, the red bars are shortening, and a death cross is imminent. A bearish trend is approaching.
Trading must strictly control stop-losses. The strategy is for reference only! Adjust according to real-time market changes. Breakthroughs of key levels can be used to reverse positions.
Bitcoin: Pullback around 91000-91500, target 89500-88000
Altcoins: Pullback around 3150-3120, target 3050-3000