$牛来
“Bull is coming” is very likely a move that spikes up then falls back, continuing to trade sideways.
You can see that when the price just surged to around 0.11400, it was slammed back by a large bearish candle, which shows that there is heavy selling pressure overhead. Now the price is hovering around 0.10962, and the direction hasn’t been determined yet.
If it continues to fall: the primary support within the next hour is the previous low at 0.10612. If that level breaks, then it would likely probe lower again.
If it bottoms and rebounds: the resistance level is still around 0.11400 mentioned earlier. Within a short time, trying to achieve a direct V-shaped reversal breakout through here is extremely difficult.
In the future, it will very likely chop back and forth between these levels. In this kind of sideways market, it’s easy to get hit on both ends. The safest approach is to wait! Entering now could easily make you a “cannon fodder.”
#比特币涨1.64%突破78000美元
“Bull is coming” is very likely a move that spikes up then falls back, continuing to trade sideways.
You can see that when the price just surged to around 0.11400, it was slammed back by a large bearish candle, which shows that there is heavy selling pressure overhead. Now the price is hovering around 0.10962, and the direction hasn’t been determined yet.
If it continues to fall: the primary support within the next hour is the previous low at 0.10612. If that level breaks, then it would likely probe lower again.
If it bottoms and rebounds: the resistance level is still around 0.11400 mentioned earlier. Within a short time, trying to achieve a direct V-shaped reversal breakout through here is extremely difficult.
In the future, it will very likely chop back and forth between these levels. In this kind of sideways market, it’s easy to get hit on both ends. The safest approach is to wait! Entering now could easily make you a “cannon fodder.”
#比特币涨1.64%突破78000美元
