Analysis of the Morning of the 2.5



Still leaning towards the short side. On the four-hour chart, the price repeatedly tests the middle band of the Bollinger Bands upward, each time forming long upper shadows, indicating significant upward pressure. Subsequently, the trend shifts to continuous decline, entering a correction phase dominated by bearish candles. Currently, the Bollinger Bands remain in a downward trend overall, with the bands gradually widening, reflecting that the bearish momentum is still strengthening.
Trading Suggestions
Bitcoin rebounds to around 72,000-72,500 to short, with the target below the 70,000 level, and if broken, continue to watch 69,300.
GT-8,3%
BTC-7,01%
View Original
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
  • 1
  • Repost
  • Share
Comment
0/400
AZhouWanyingvip
· 8h ago
Hold on tight, we're about to take off 🛫
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)