After the roller coaster of Bitcoin yesterday, the movements have clearly diminished, possibly because there was too much exposure and aggressive harvesting yesterday, causing many retail investors to be on the sidelines. The midnight high-altitude viewpoint and thoughts still indicate a bearish outlook.
Bitcoin has stopped falling at the 74457 level, and the hourly chart has formed a small deep V. Currently, the price is under pressure from the upper Bollinger band on the hourly chart. The MACD bullish momentum continues to decrease, the KDJ three lines are converging to form a death cross pointing downwards, and the RSI is turning down. On the 4-hour level, the price is under pressure from the middle Bollinger band. After rebounding from 74457, it reached a high of around 81200, with an increase of over 6700 points. Most of the short positions that needed to be liquidated have already been taken care of. It's time to show your cards; if it keeps falling, stop pretending!
Pay attention to the pressure above Bitcoin at 80500 and 81500 here, and plan to enter high positions around here, targeting down to 78000, 76000, and the previous low of 74500 here.
Pay attention to the resistance on Ethereum around 1600 and 1650. Look to enter short positions around here, targeting 1530, 1480, and the previous low of 1410.
The above is just a personal opinion, investment carries risks, and one should be cautious when entering the market! #BTC 能否站上 $80K?
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4.8BTC/ETH intraday view:
After the roller coaster of Bitcoin yesterday, the movements have clearly diminished, possibly because there was too much exposure and aggressive harvesting yesterday, causing many retail investors to be on the sidelines. The midnight high-altitude viewpoint and thoughts still indicate a bearish outlook.
Bitcoin has stopped falling at the 74457 level, and the hourly chart has formed a small deep V. Currently, the price is under pressure from the upper Bollinger band on the hourly chart. The MACD bullish momentum continues to decrease, the KDJ three lines are converging to form a death cross pointing downwards, and the RSI is turning down. On the 4-hour level, the price is under pressure from the middle Bollinger band. After rebounding from 74457, it reached a high of around 81200, with an increase of over 6700 points. Most of the short positions that needed to be liquidated have already been taken care of. It's time to show your cards; if it keeps falling, stop pretending!
Pay attention to the pressure above Bitcoin at 80500 and 81500 here, and plan to enter high positions around here, targeting down to 78000, 76000, and the previous low of 74500 here.
Pay attention to the resistance on Ethereum around 1600 and 1650. Look to enter short positions around here, targeting 1530, 1480, and the previous low of 1410.
The above is just a personal opinion, investment carries risks, and one should be cautious when entering the market! #BTC 能否站上 $80K?