$BTC Now reported 78,908, 24h +0.11%。
The recent high and low are 79,485 / 77,620, with trading volume of 1.469 billion USDT.
77,620 is the support that matters most right now. If it breaks below, there won’t be any clear place for buyers to step in. To the upside, 79,485 is the resistance for this round. Until it can stand above on higher volume, any bounce can only be treated as a rebound.
In this time window, liquidity is relatively thin, and price can be pushed around by small orders. That’s why wicks and fake breakouts aren’t unusual. If you really want to take action, don’t chase the market price when placing limit orders, and don’t set your stop-loss too tight.
When it’s time to wait, you have to wait.
#BTC #凌晨行情 #币圈 # Night session
The recent high and low are 79,485 / 77,620, with trading volume of 1.469 billion USDT.
77,620 is the support that matters most right now. If it breaks below, there won’t be any clear place for buyers to step in. To the upside, 79,485 is the resistance for this round. Until it can stand above on higher volume, any bounce can only be treated as a rebound.
In this time window, liquidity is relatively thin, and price can be pushed around by small orders. That’s why wicks and fake breakouts aren’t unusual. If you really want to take action, don’t chase the market price when placing limit orders, and don’t set your stop-loss too tight.
When it’s time to wait, you have to wait.
#BTC #凌晨行情 #币圈 # Night session