BTC is now priced at ~$76.1k, down roughly 5%+ over the past 24 hours after plunging from around $80k yesterday. The hot topics on Binance Square today are the gradual resumption of Binance withdrawals and sentiment spillover from U.S. stocks and the midterm elections.
On the 30m chart: price is hovering around EMA7, with EMA25 pressing down from above. MACD is still below zero, but the bars are shrinking, hinting that the decline may be slowing. KDJ's J has surged close to 100, suggesting the short-term market may be overbought—don't blindly chase longs.
Sentiment-wise, funds are still on the sidelines. After last night's sharp drop, both bulls and bears are waiting for direction.
Support is around 75.2k, with resistance at 77k. In the short term, be careful not to chase shorts; any rebound could just be a technical recovery.
#BTC #比特币 #Binance Square
On the 30m chart: price is hovering around EMA7, with EMA25 pressing down from above. MACD is still below zero, but the bars are shrinking, hinting that the decline may be slowing. KDJ's J has surged close to 100, suggesting the short-term market may be overbought—don't blindly chase longs.
Sentiment-wise, funds are still on the sidelines. After last night's sharp drop, both bulls and bears are waiting for direction.
Support is around 75.2k, with resistance at 77k. In the short term, be careful not to chase shorts; any rebound could just be a technical recovery.
#BTC #比特币 #Binance Square
