$BTC The daily line has continued to close bearish, and a new round of decline is very likely already underway.
Right now the bears seem to be building momentum. Price has not broken below the recent low for the time being, but the rebound remains weak and powerless, and the overall trend is weakening. At the moment, rebound momentum is too small and only retail investors are bottom-fishing. Either the market will continue to grind sideways in weakness, or after the U.S. stock market opens it may drop sharply.
Keep a close eye on the 58000 support level. Once it is broken, even if it is not considered a high yet, it will continue to probe lower afterward. The operation is simple: follow the major trend and go short.
Mainstream entry reference:
Bitcoin: short around 60500-615000 on a rebound, with the first target at 58000
$ETH short again on a rebound to 1590-1610, target 1500
#美伊同意停止互相攻击 #MichaelSaylor暗示增持BTC
Right now the bears seem to be building momentum. Price has not broken below the recent low for the time being, but the rebound remains weak and powerless, and the overall trend is weakening. At the moment, rebound momentum is too small and only retail investors are bottom-fishing. Either the market will continue to grind sideways in weakness, or after the U.S. stock market opens it may drop sharply.
Keep a close eye on the 58000 support level. Once it is broken, even if it is not considered a high yet, it will continue to probe lower afterward. The operation is simple: follow the major trend and go short.
Mainstream entry reference:
Bitcoin: short around 60500-615000 on a rebound, with the first target at 58000
$ETH short again on a rebound to 1590-1610, target 1500
#美伊同意停止互相攻击 #MichaelSaylor暗示增持BTC