Today, $BTC closed with a downward lower wick and an actual bullish (positive) candle. Overall, the rhythm is still one of upward consolidation.
After yesterday’s rally from the low to the high, the 0.618 retracement lined up perfectly with the 77800 support zone, creating a resonance. However, there is also still pressure above.
Around 79900, there is selling pressure. Meanwhile, price and volume show a certain divergence: price is rising, but trading volume is not expanding in sync. So don’t chase it hard.
Today also coincides with the Web3 Hong Kong conference. The so-called “when there’s a conference, it always falls” curse hasn’t broken yet, but the news can only be used as a reference. Ultimately, focus on the chart.
For the short term, keep an eye on two key levels:
Hold 77800—if it pulls back, consider going long.
If it meets resistance around 79900, be alert for potential short-term short opportunities.
If you have a position, protect your profits; if you don’t, wait patiently for your setup. Don’t keep chasing back and forth in the middle.
The real opportunities are always the ones you wait for.
#XRP领跌加密市场跌近7%
After yesterday’s rally from the low to the high, the 0.618 retracement lined up perfectly with the 77800 support zone, creating a resonance. However, there is also still pressure above.
Around 79900, there is selling pressure. Meanwhile, price and volume show a certain divergence: price is rising, but trading volume is not expanding in sync. So don’t chase it hard.
Today also coincides with the Web3 Hong Kong conference. The so-called “when there’s a conference, it always falls” curse hasn’t broken yet, but the news can only be used as a reference. Ultimately, focus on the chart.
For the short term, keep an eye on two key levels:
Hold 77800—if it pulls back, consider going long.
If it meets resistance around 79900, be alert for potential short-term short opportunities.
If you have a position, protect your profits; if you don’t, wait patiently for your setup. Don’t keep chasing back and forth in the middle.
The real opportunities are always the ones you wait for.
#XRP领跌加密市场跌近7%
