The unemployment claims data came in bearish. The pullback is still within a manageable range. After consolidating in a tight range near the highs, Bitcoin pulled back and broke below the 80,000 level.
There is no sign yet that the decline has bottomed, so for now, go with the trend and watch how deep the pullback goes. Keep an eye on support around 79,500–79,000. The previously suggested entry level for longs has been moved lower. Wait for signs of stabilization before entering long positions again. If you’re already in a long position, make sure you have adequate protection in place. Near the support zone, consider adding to your position to adjust your average entry price. For now, just hold patiently.
$BTC
$ETH
$XAU
#币安将恢复更多资产提现
There is no sign yet that the decline has bottomed, so for now, go with the trend and watch how deep the pullback goes. Keep an eye on support around 79,500–79,000. The previously suggested entry level for longs has been moved lower. Wait for signs of stabilization before entering long positions again. If you’re already in a long position, make sure you have adequate protection in place. Near the support zone, consider adding to your position to adjust your average entry price. For now, just hold patiently.
$BTC
$ETH
$XAU
#币安将恢复更多资产提现
