#美国贸易赤字状况 Bitcoin just broke the short-term upward channel and is now bouncing between the 5/10-day moving averages. Although the 4-hour chart rebounded from the lower Bollinger Band, the rebound strength is insufficient, and the bears still hold the upper hand for now. The daily MACD has already formed a death cross and is showing increasing green bars, indicating a weak short-term momentum. However, the 4-hour RSI has moved out of the oversold zone, showing some signs of a rebound, but it cannot change the overall daily downtrend.
Currently, focus on a few key levels for trading:
**Short position idea**: Around 92,000, a quick hit and push down; this is a short-term resistance. Only if it breaks through can we consider a bullish outlook.
**Long position idea**: The 89,500 level must hold. Once stabilized here, you can try a small long position targeting 92,500 or even 93,000. But only if it stays above 92,000 can we confirm a trend reversal.
**Breakdown plan**: If 89,500 doesn't hold, the next support zone is between 88,000-88,500, which is a medium-term support area.
The market is bouncing back and forth like this, mainly range trading. Don't be greedy chasing the top or bottom. $BTC $ETH
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.
20 Likes
Reward
20
5
Repost
Share
Comment
0/400
APY_Chaser
· 01-10 22:27
89500 is really the key level. If it breaks, we have to look for support lower. Now it's just a matter of who blinks first.
View OriginalReply0
GasOptimizer
· 01-09 06:09
Can you estimate the probability of not holding 89,500? I want to see how the data model calculates it.
View OriginalReply0
PanicSeller
· 01-09 06:09
If 89,500 doesn't break, I will hold firmly; if it breaks, I will head straight for the crucial level at 88. Anyway, my bottom-fishing is tough, but I still have to keep doing it.
View OriginalReply0
HashRateHermit
· 01-09 05:56
With such fierce bears, can 89,500 really hold? ...Feels like we still need to keep pushing down.
View OriginalReply0
FOMOSapien
· 01-09 05:55
If 89,500 is broken, then it really depends on 88. There's truly no chance this time; let's wait for a signal and see.
#美国贸易赤字状况 Bitcoin just broke the short-term upward channel and is now bouncing between the 5/10-day moving averages. Although the 4-hour chart rebounded from the lower Bollinger Band, the rebound strength is insufficient, and the bears still hold the upper hand for now. The daily MACD has already formed a death cross and is showing increasing green bars, indicating a weak short-term momentum. However, the 4-hour RSI has moved out of the oversold zone, showing some signs of a rebound, but it cannot change the overall daily downtrend.
Currently, focus on a few key levels for trading:
**Short position idea**: Around 92,000, a quick hit and push down; this is a short-term resistance. Only if it breaks through can we consider a bullish outlook.
**Long position idea**: The 89,500 level must hold. Once stabilized here, you can try a small long position targeting 92,500 or even 93,000. But only if it stays above 92,000 can we confirm a trend reversal.
**Breakdown plan**: If 89,500 doesn't hold, the next support zone is between 88,000-88,500, which is a medium-term support area.
The market is bouncing back and forth like this, mainly range trading. Don't be greedy chasing the top or bottom. $BTC $ETH