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雲哥
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🚀 BTC Trend Analysis: Double Bottom Testing
1️⃣ Battle Situation: The 2-hour level shows a clear double bottom testing, with the price retracing to the support level of $68,189. Currently, it is in a period of consolidation after a sharp drop, and bearish momentum has not yet dissipated, with intense fighting between bulls and bears around $68,600.
2️⃣ Technical: The price is far below the EMA 52 ($70,578). After the MACD fast and slow lines crossed negatively at a high position, it entered a downward channel, but the red bars are beginning to shorten, showing potential signs of bottom divergence. Focus closely on the $68,000 level; if it holds, a double bottom structure rebound is expected.
3️⃣ Pattern: Extreme market fear is usually a signal for chip turnover. The intention of whales to support in the $68,000 area is evident. Before the structure is fully established, maintain caution and wait for a confirmed bottom formation before taking action. $BTC #缠论解盘
1️⃣ Battle Situation: The 2-hour level shows a clear double bottom testing, with the price retracing to the support level of $68,189. Currently, it is in a period of consolidation after a sharp drop, and bearish momentum has not yet dissipated, with intense fighting between bulls and bears around $68,600.
2️⃣ Technical: The price is far below the EMA 52 ($70,578). After the MACD fast and slow lines crossed negatively at a high position, it entered a downward channel, but the red bars are beginning to shorten, showing potential signs of bottom divergence. Focus closely on the $68,000 level; if it holds, a double bottom structure rebound is expected.
3️⃣ Pattern: Extreme market fear is usually a signal for chip turnover. The intention of whales to support in the $68,000 area is evident. Before the structure is fully established, maintain caution and wait for a confirmed bottom formation before taking action. $BTC #缠论解盘