- The daily chart shows recent prices pulling back from high levels, forming consecutive bearish candles, indicating a weak downward trend. - In the 4-hour cycle, the price is consolidating around 3200, but overall remains within a downward channel.
2. Technical Indicators:
- MACD: The 4-hour MACD remains below the zero line, with DIF and DEA diverging downward, indicating strong bearish momentum. - RSI: RSI(14) is around 36, approaching the oversold zone, suggesting a potential short-term rebound, but not yet in a clear trend phase. - EMA: The current price is below EMA7, EMA30, and EMA120, with all moving averages aligned bearish, indicating an overall bearish trend. EMA7 (3217.75) exerts short-term resistance.
3. Volume:
- Daily trading volume is gradually decreasing, indicating market sentiment is becoming cautious. - In the 4-hour cycle, volume increased during the previous sharp decline, but currently volume has waned, showing a strong wait-and-see attitude. $BTC $ETH #欧美关税风波冲击市场
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GateUser-991ecf11
· 9h ago
Hold on tight, we're about to take off 🛫
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SouthernSchoolDemonCultIce
· 9h ago
Years of hard study in the cold window. Only for today, with leverage at its maximum a hundred times. A promise to the one I love. Losing half would be a disrespect to the dog in disguise. A lack of trust in myself.
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DemonCultBrother-In-Law
· 9h ago
Years of hard study in the cold window. Only for today, with leverage at its maximum a hundred times. A promise to the one I love. Losing half would be a disrespect to the dog in disguise. A lack of trust in myself.
Price Trend Analysis
1. Candlestick Patterns:
- The daily chart shows recent prices pulling back from high levels, forming consecutive bearish candles, indicating a weak downward trend.
- In the 4-hour cycle, the price is consolidating around 3200, but overall remains within a downward channel.
2. Technical Indicators:
- MACD: The 4-hour MACD remains below the zero line, with DIF and DEA diverging downward, indicating strong bearish momentum.
- RSI: RSI(14) is around 36, approaching the oversold zone, suggesting a potential short-term rebound, but not yet in a clear trend phase.
- EMA: The current price is below EMA7, EMA30, and EMA120, with all moving averages aligned bearish, indicating an overall bearish trend. EMA7 (3217.75) exerts short-term resistance.
3. Volume:
- Daily trading volume is gradually decreasing, indicating market sentiment is becoming cautious.
- In the 4-hour cycle, volume increased during the previous sharp decline, but currently volume has waned, showing a strong wait-and-see attitude. $BTC $ETH #欧美关税风波冲击市场