2.2 Morning Thoughts



Based on the current market situation of Bitcoin, the current technical structure has established a clear bearish weakness pattern. The MACD green histogram continues to expand, and the RSI indicator is weakening simultaneously, indicating that the bearish momentum is still being released. The trend is likely to continue, so maintaining a high-positioned short layout during the rebound is advisable.

Bitcoin: Range of 77,500-78,000, with a downside target around 75,000#GateLive直播挖矿公测开启 $BTC
BTC-2,13%
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
  • 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)