The market data shows that BTC on the daily chart is experiencing a consecutive two-day decline. Although the lower wick indicates short-term support, the short positions pattern is gradually emerging. After five consecutive declines on the four-hour chart, there was a rebound, but the rise was largely pulled back. The MACD double lines have formed a death cross, and the histogram is showing higher trade volumes below the 0 axis. Overall, the bears are dominant, and the operation should still focus on high short positions!



You can enter short positions near 114,000, with targets at 113,000, 112,000, and 110,500!
BTC0.38%
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
  • 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)