BTC rebounded again in the early morning, reaching a high of around 112500, which is also the anticipated entry point for the short order, so precise. Subsequently, BTC began to face pressure and dropped, dipping all the way down to around 111500, which once again verified yesterday's reasoning, as the pressure structure is still quite evident.



The trend of BTC on the daily level is already quite apparent. Once it touched the resistance of the daily mid-line, it began to pull back. As a result, BTC is currently leaning towards a bearish trend. From the hourly level, the bulls have clearly been restrained in time, which is why we are seeing this pullback. Currently, it has also arrived at the mid-line support of the hourly level, so we can first observe the strength of the rebound in the morning.

BTC 111100 long, focus on 113000
Ethereum 4430 more, focus on 45000 #Gate上线Ondo专区现货交易#
ETH0.18%
BTC-0.45%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)