$BTC This V-shaped rebound was mainly driven by two things coming together:
First, there was buying support around 80,000, with buyers stepping in as soon as the price fell. Second, global tech stocks crashed—South Korea’s KOSPI fell as much as 7.4%—but BTC instead rebounded more than $2,400 from its low, decoupling from tech stocks in the short term.
BTC is a bit stuck in the short term.
Bitcoin rallied from 81,000 to 84,200 and has now pulled back into a sideways range.
The rise was too sharp, so the market is digesting it.
84,200 is a hurdle; the price pushed above it but failed to hold.
As long as the key support below holds, there’s still a chance of another attempt higher.
Trading plan:
If it pulls back and stabilizes, try a small long position and be sure to set a stop-loss.
If support breaks, exit first.#比特币市占率回升至60%
First, there was buying support around 80,000, with buyers stepping in as soon as the price fell. Second, global tech stocks crashed—South Korea’s KOSPI fell as much as 7.4%—but BTC instead rebounded more than $2,400 from its low, decoupling from tech stocks in the short term.
BTC is a bit stuck in the short term.
Bitcoin rallied from 81,000 to 84,200 and has now pulled back into a sideways range.
The rise was too sharp, so the market is digesting it.
84,200 is a hurdle; the price pushed above it but failed to hold.
As long as the key support below holds, there’s still a chance of another attempt higher.
Trading plan:
If it pulls back and stabilizes, try a small long position and be sure to set a stop-loss.
If support breaks, exit first.#比特币市占率回升至60%