Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

View on the morning of the 12th.



The 4-hour K-line chart shows that after a rapid rise in BTC, the recent K-lines are mainly alternating between small bearish and bullish candles, forming a consolidation pattern. The price fluctuates around the 90000 - 92000 range and has not effectively broken through the previous high, indicating a typical phase of consolidation after a surge. The RSI indicator is above 50, in a neutral to strong zone, and has not entered the overbought or oversold areas. The short-term bullish and bearish forces have not shown extreme imbalance and are still in a state of oscillation.

In a volatile market, it is recommended to adopt a wait-and-see approach, without rushing to enter. Wait for the price to fall back to key support levels for confirmation before deciding to enter. In terms of operations, look to follow the trend and expect a pullback, then seize the opportunity for a rebound.

Operation Suggestions

Bitcoin: 89000-90000, target 91000-93000

Er Bing: 2900-2980 Duo, target 3050-3200

(Personal opinions are for reference only; everything is subject to the actual market!) #BTC #ETH
BTC-7.24%
ETH-9.08%
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
Alex_Cholivip
· 4h ago
Thank you for the information
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)