BTC finally managed a deep V-shaped recovery. Even just consolidating at a high would have been fine, but one bearish CPI report brought another pullback. The little bit of confidence the bulls had worked so hard to build up has taken another hit…
The support at 81500 is holding up pretty well, and ETH has held at 2420 too. Those stuck in long positions will have to keep waiting—there’s no other choice! The drop is for a better rebound, and to give people a chance to get in at lower prices!
The daily chart has been held down by the middle Bollinger Band for four straight days of rebounds, but the upper band is starting to open up and move higher. The lower band hasn’t been broken. With the upper band opening up, the middle band won’t keep capping price forever. Bulls, hang in there!
For those without a long position, around 81500 is undoubtedly a good opportunity. Next are the 80000 level and the extreme wick area at 78000—both are good opportunities to buy the dip. For the rebound, first watch 84000, then the previous high at 87000. If price holds above that, watch 90000-93000-96000.
For ETH, look to buy the dip around 2420-2400. For the rebound, watch 2500, then 2700, followed by 3000 and 3030#9月CPI来袭原油美债走势如何 $BTC
The support at 81500 is holding up pretty well, and ETH has held at 2420 too. Those stuck in long positions will have to keep waiting—there’s no other choice! The drop is for a better rebound, and to give people a chance to get in at lower prices!
The daily chart has been held down by the middle Bollinger Band for four straight days of rebounds, but the upper band is starting to open up and move higher. The lower band hasn’t been broken. With the upper band opening up, the middle band won’t keep capping price forever. Bulls, hang in there!
For those without a long position, around 81500 is undoubtedly a good opportunity. Next are the 80000 level and the extreme wick area at 78000—both are good opportunities to buy the dip. For the rebound, first watch 84000, then the previous high at 87000. If price holds above that, watch 90000-93000-96000.
For ETH, look to buy the dip around 2420-2400. For the rebound, watch 2500, then 2700, followed by 3000 and 3030#9月CPI来袭原油美债走势如何 $BTC