BTC’s most annoying thing right now isn’t the drop.
It’s that it’s stuck under resistance and won’t really fall.
Just now I saw the price is still above 78,000—8 万 isn’t far off—yet that 50-week moving average around 81,000 is pressing down, and the market is clearly not as easy as it looks.
This kind of range is the most grinding.
Bulls think it could break through at any moment,
while bears worry that a single bullish candle could blow everything up.
Right now, I actually want to see whether it can hold around 78,500.
If it holds, it means the bulls still have confidence.
If it doesn’t, the momentum near 80,000 may cool off for a bit.
Don’t rush to guess the direction.
At resistance levels, patience is sometimes more valuable than making a call.
#比特币受阻于81000美元50周均线 #BTC
It’s that it’s stuck under resistance and won’t really fall.
Just now I saw the price is still above 78,000—8 万 isn’t far off—yet that 50-week moving average around 81,000 is pressing down, and the market is clearly not as easy as it looks.
This kind of range is the most grinding.
Bulls think it could break through at any moment,
while bears worry that a single bullish candle could blow everything up.
Right now, I actually want to see whether it can hold around 78,500.
If it holds, it means the bulls still have confidence.
If it doesn’t, the momentum near 80,000 may cool off for a bit.
Don’t rush to guess the direction.
At resistance levels, patience is sometimes more valuable than making a call.
#比特币受阻于81000美元50周均线 #BTC