BTC This spot is a bit awkward.
Above, 80,000 hasn’t truly established yet. Around 81,000, it’s also sitting under the 50-week moving average. If it can’t break upward in the short term, sentiment easily leaks.
But below isn’t completely without support either.
Just looking at the price, it’s been hovering above 78,000, which suggests the bulls haven’t directly given up.
So I don’t really want to rush to call a direction right now.
If it’s going to be strong, it needs to reclaim and hold above 80,000—and it can’t get knocked back down immediately.
If it keeps grinding between 78,000 and 80,000, then it’s very likely still a shakeout/whipsaw market.
The most annoying part of this kind of market is:
It looks like it’s about to break out, but once you chase in, it starts choppy consolidation.
I’ll wait for it to choose a direction.
#比特币受阻于81000美元50周均线 #BTC
Above, 80,000 hasn’t truly established yet. Around 81,000, it’s also sitting under the 50-week moving average. If it can’t break upward in the short term, sentiment easily leaks.
But below isn’t completely without support either.
Just looking at the price, it’s been hovering above 78,000, which suggests the bulls haven’t directly given up.
So I don’t really want to rush to call a direction right now.
If it’s going to be strong, it needs to reclaim and hold above 80,000—and it can’t get knocked back down immediately.
If it keeps grinding between 78,000 and 80,000, then it’s very likely still a shakeout/whipsaw market.
The most annoying part of this kind of market is:
It looks like it’s about to break out, but once you chase in, it starts choppy consolidation.
I’ll wait for it to choose a direction.
#比特币受阻于81000美元50周均线 #BTC