Looking at this wave of BTC, the previous high of 90599 faces obvious resistance, and the rebound failed to hold the middle band. Currently, it’s oscillating in the middle-lower region, and the market is relatively weak. Trading volume is not matching up; rather than a new wave of upward attack, it’s more like a correction of the trend.
Next, focus on the 86300-85500 zone, which is supported by the previous low combined with the lower Bollinger Band. Breaking below this area could lead to a second test of the bottom. The resistance zone above is 88000-89000. If it doesn’t break back above within a day, it should be viewed as a rebound.
In the short term, chasing longs is not a good choice. If a rebound reaches around 88500, consider taking a small short position, with a stop-loss set at 90000. If it can hold steady after retracing to 86000, then consider short-term longs to catch a rebound. #美国宏观经济指标链上化 The rhythm of @ETH@ still depends on confirming these key levels.
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BlindBoxVictim
· 8h ago
With such weak trading volume, how can we follow? It's better to wait and see if 86,300 breaks or not.
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ForkThisDAO
· 8h ago
If I can't break 86,300, I don't believe this is the bottom. I feel like I need to keep pushing it down further.
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BridgeTrustFund
· 8h ago
With such poor volume, you still want to turn things around? Dream on. Once 86,300 breaks, just wait to eat noodles.
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GasFeeNightmare
· 8h ago
Hmm... this wave is indeed weak beyond expectations; the volume doesn't match the price, that's just how it is.
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LightningPacketLoss
· 9h ago
Hmm... the lower Bollinger Band is about to break, and this is called a rebound? I think it's just a fake fall.
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CoffeeNFTrader
· 9h ago
With such weak trading volume, even a beautiful rebound is just an illusion; we still need to wait for a confirmed break below.
Looking at this wave of BTC, the previous high of 90599 faces obvious resistance, and the rebound failed to hold the middle band. Currently, it’s oscillating in the middle-lower region, and the market is relatively weak. Trading volume is not matching up; rather than a new wave of upward attack, it’s more like a correction of the trend.
Next, focus on the 86300-85500 zone, which is supported by the previous low combined with the lower Bollinger Band. Breaking below this area could lead to a second test of the bottom. The resistance zone above is 88000-89000. If it doesn’t break back above within a day, it should be viewed as a rebound.
In the short term, chasing longs is not a good choice. If a rebound reaches around 88500, consider taking a small short position, with a stop-loss set at 90000. If it can hold steady after retracing to 86000, then consider short-term longs to catch a rebound. #美国宏观经济指标链上化 The rhythm of @ETH@ still depends on confirming these key levels.