Focusing on on-chain data and cyclical narratives, traversing eight rounds of bull and bear markets, a senior analyst in the cryptocurrency space, can consult directly in the Binance chat room Chat ID: a2kjput
The bearish trend continues. On the four-hour chart, two consecutive solid bearish candles have established a strong foundation for the decline. Technical pullbacks during this period have been quickly engulfed, indicating that the bears completely dominate the market. At the same time, the moving average system is sharply diverging downward, and key support levels continue to decline, further consolidating the current downward trend.
Suggestion: Short near 2880-2900, target 2800-2700
The daily trend structure remains dominated by bears. The strength of the short-term rebound is weakening, and there are obvious signs of stagnation, especially as the price repeatedly faces resistance at the key level of the middle band of the Bollinger Bands. The rebound has shown signs of exhaustion, and this morning's plunge has opened a downward channel, with the trend leaning bearish. The operational suggestion is to focus primarily on short positions.
Suggestion: Short around 87800-88500, target 86000-85000
In the last month of the 25th year, Brother Chen continues to accompany everyone! Whether you want to recover losses or want to increase your capital, give Brother Chen three days, and he will provide you with answers.
The threshold is above 5000u, requiring strong execution and no holding positions. I hope to give myself a satisfactory answer before the start of the 26th year! #加密市场反弹
The student who came on the 10th has not had a single loss order until now! Stability is not losing, which is also earning; a slow pace that allows the account to gradually appreciate is also a good method.
$BTC Everyone, I am back to inject confidence for you all. Please remember, being trapped in a position is just a subplot, not the conclusion.
Floating losses are just a numerical game on the screen; as long as risk control is proper, the chips remain valid. Staying at the table keeps all possibilities of winning back.
At this moment, calmness and patience are even more needed. Getting out of a trap often happens in the blink of an eye. Control your emotions, preserve your strength, and when the market gives a signal, we can strike precisely.
From the current market perspective, the daily technical indicators have turned positive: MACD has formed a golden cross and momentum has increased, while RSI also provides sufficient upward space, enhancing the credibility of bullish signals.
Currently, the core support for BTC has been confirmed at the 90000 level. This position serves as an important psychological and technical barrier recently, and its stability is key to maintaining the rebound trend.
From a technical perspective, the short-term moving average system provides effective support, combined with the increased trading volume during the previous breakout, which enhances the validity of the current price range. Overall, the technical signals are bullish.