Analysis of Bitcoin Price Movement at 7:25 AM
The 1-hour candlestick chart forms a double top pattern, and the MACD histogram indicates an increase in bearish momentum.
Additionally, there are bearish signals on the line level, with a 'bearish engulfing' pattern, and the RSI is overbought, needing a pullback for digestion.
The KDJ indicator also shows a death cross followed by continued divergence, indicating that the strength of the downward trend is increasing.
Bitcoin recommendation: Short around 119400-120000
Target: 118000-116000 short #以太坊交易量反超比特币


