Bitcoin held steady around 84,000. After the drop below 85,000 on the 23rd, it probed further down to 82.9k on the 24th, but didn’t keep falling. At the close, it rallied back to settle at 84.4k, almost flat.
At the 83k level, for now, there are buyers stepping in.
This time is different from the bearish candle on the 23rd. On the 23rd, it was a high-volume selloff that closed near the lows; on the 24th, after probing downward, it was bought back and closed with a long lower shadow, indicating real support around 83k. When it can’t fall further, that in itself is a signal.
My take is very direct: signs of a short-term bottoming are showing, but don’t rush to call it a reversal. 85k is now resistance. If price rebounds up to there and can’t break through, it’s still weak consolidation. Only when it closes back above 85k with volume—can we say the breakdown has been repaired. In terms of execution, around 83k you can try with a small position; when it rebounds toward 85k, reduce first. Trade the range (box strategy), and don’t take a one-way bet.
#比特币 #BTC #行情分析
At the 83k level, for now, there are buyers stepping in.
This time is different from the bearish candle on the 23rd. On the 23rd, it was a high-volume selloff that closed near the lows; on the 24th, after probing downward, it was bought back and closed with a long lower shadow, indicating real support around 83k. When it can’t fall further, that in itself is a signal.
My take is very direct: signs of a short-term bottoming are showing, but don’t rush to call it a reversal. 85k is now resistance. If price rebounds up to there and can’t break through, it’s still weak consolidation. Only when it closes back above 85k with volume—can we say the breakdown has been repaired. In terms of execution, around 83k you can try with a small position; when it rebounds toward 85k, reduce first. Trade the range (box strategy), and don’t take a one-way bet.
#比特币 #BTC #行情分析