#btc In yesterday's video, it was mentioned that the upward momentum bars of the 4-hour MACD are too few and need to be filled. There are only two types of trends for filling bars: consolidation and Rebound. The Zen Master once said that trends will eventually become perfect. After a nap, BTC has shown a Rebound on the 1-hour level, while Ether is in consolidation. It was also mentioned yesterday that the Rebound position for BTC is around 114, and it hasn't even reached that yet. So today, we need to closely follow whether the 1-hour MACD will diverge. It is most reasonable to find a larger entry point through the movements of smaller time frames.



Here I still hope that BTC and Ether can continue to oscillate, because it's obvious that the downward momentum is still insufficient. If it breaks down today, the MACD on the 4-hour level will look very bad, and there may be a strong Rebound. We'll observe this later.

Currently, the larger trend is still looking down. I've seen many big accounts say there will be fluctuations above 110,000 for a month, but I am still looking at 95,000, and there are no signs of any fluctuations or rebounds.

#eth The second pancake is indeed in the oscillation we mentioned, supplementing the MACD and the energy bars. When writing this article, it also broke below 4100. Still, as I said, the trend will ultimately be perfect, and when there is danger from heaven, it needs to correct.
BTC0,39%
ETH-1,13%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)