#BitcoinPriceWatch

#美SEC促进加密创新监管体系 11:24 AM: I saw signs of Rebound in building the bottom

After climbing from the lower Bollinger Band, the price is now moving steadily. It first started to surpass the average level, and now it is heading towards the upper band, indicating that the bears are active. The three lines are now very close together, having been in a downward trend; they are now in a horizontal trend, and it seems that market sentiment is quietly changing - who knows, there might be a new round of rebounds on the horizon.

On the MACD side, the green bars are getting thicker one after another, as investors are steadily buying funds. Although the two lines are still below the zero axis and have not really entered the strong area, this situation indicates the possibility of an upward movement in the future. The three KDJ lines are consistently trending upwards, indicating a standard bullish arrangement, with a simultaneous increase in volume and price, suggesting that this wave of increase is very strong. The upward trend channel is gradually forming.

In terms of the overall performance of the indicators, the short-term trend seems optimistic. However, I still maintain caution in long-term thinking; one should not become complacent in defensive positions.

The idea of the reference process:
A buy trade can be considered when Bitcoin rebounds to the 86000-86500 area, taking into account the level of 88800.
The second wife in 2820-2840 near the price drop, the target is 2920 nearby.