10.10 Bitcoin $BTC
After bouncing from a low of 80350, it reached a high of 83499. A rebound of over 300 points looks decent, but essentially it’s just a technical correction after a steep drop. The broader downtrend, with the Bollinger Bands opening downward, hasn’t changed at all. The rebound started to stall near the middle band, and the bulls simply couldn’t gain a foothold.
Enter a short directly if the rebound reaches the 83200–83400 range. This area faces double resistance from the lower edge of the previous consolidation platform and the middle Bollinger Band, with concentrated selling pressure making a decisive breakout unlikely. Set a stop-loss above 83700 as a precaution. Initially, look for a take-profit target of 82000–81800; if support breaks, price could continue lower to test the previous low. #Tether冻结Ledger盗窃案相关USDT
After bouncing from a low of 80350, it reached a high of 83499. A rebound of over 300 points looks decent, but essentially it’s just a technical correction after a steep drop. The broader downtrend, with the Bollinger Bands opening downward, hasn’t changed at all. The rebound started to stall near the middle band, and the bulls simply couldn’t gain a foothold.
Enter a short directly if the rebound reaches the 83200–83400 range. This area faces double resistance from the lower edge of the previous consolidation platform and the middle Bollinger Band, with concentrated selling pressure making a decisive breakout unlikely. Set a stop-loss above 83700 as a precaution. Initially, look for a take-profit target of 82000–81800; if support breaks, price could continue lower to test the previous low. #Tether冻结Ledger盗窃案相关USDT