BTC Morning Market: After Bitcoin continues to break down, there are signs of a potential pullback.
From the current situation, the overall rising cycle is almost complete, with one last wave of impact expected. However, the short-term phenomenon of bearish energy is in a normal pullback route. The MACD situation on the four-hour level indicates a strong breakout, which also shows that bullish funds are still accumulating strength. However, to go through a certain pullback route, there is still the ability to break through new highs. After four consecutive bearish candles on the four-hour chart, the wide drop has clearly shrunk, which makes our subsequent operations quite obvious. One can enter a short position at the 716800 level, then look for 70500, and then enter long again to look for 72200 before shorting at a high position to anticipate a further drop.
(The above is for reference only and does not constitute investment advice) #Strategy增持比特币 $ETH
From the current situation, the overall rising cycle is almost complete, with one last wave of impact expected. However, the short-term phenomenon of bearish energy is in a normal pullback route. The MACD situation on the four-hour level indicates a strong breakout, which also shows that bullish funds are still accumulating strength. However, to go through a certain pullback route, there is still the ability to break through new highs. After four consecutive bearish candles on the four-hour chart, the wide drop has clearly shrunk, which makes our subsequent operations quite obvious. One can enter a short position at the 716800 level, then look for 70500, and then enter long again to look for 72200 before shorting at a high position to anticipate a further drop.
(The above is for reference only and does not constitute investment advice) #Strategy增持比特币 $ETH
