The current market is showing a weak and oscillating trend, with the bears still in control. However, the downward momentum has significantly slowed. From a technical perspective, both the DIF and DEA indicators are below the zero axis, and although the MACD green bars remain divergent, they are gradually shortening. This phenomenon indicates that the selling pressure in the market is slowly easing, yet the overall market structure still leans towards bearish.
Operational advice: Around 108700-109200, look down to around 107700-105700, and continue to look down after a breakthrough. #广场创作者认证申请上线 #ETH反弹在即?
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Analysis of the Bitcoin Strategy on October 23
The current market is showing a weak and oscillating trend, with the bears still in control. However, the downward momentum has significantly slowed. From a technical perspective, both the DIF and DEA indicators are below the zero axis, and although the MACD green bars remain divergent, they are gradually shortening. This phenomenon indicates that the selling pressure in the market is slowly easing, yet the overall market structure still leans towards bearish.
Operational advice: Around 108700-109200, look down to around 107700-105700, and continue to look down after a breakthrough. #广场创作者认证申请上线 #ETH反弹在即?