BTC is having another day in the red.
Now at 68,160.97, down 4.76% on the day. It ranged from 67,568.00 to 71,634.01, with a trading volume of 2.014 billion USDT. It closed near the intraday low, so the chart looks weak.
The current price is 7.1% below the 7-day moving average of 73,360.31. The key question is whether 67,568.00 can hold. If it does, that's support; if not, there's a gap below.
Below the 7-day moving average, I'm just watching and not taking action. The chart isn't reassuring enough to enter yet.
That's just how the market is. No need to rush.
(Just my own observations, not advice)
#BTC #盘面观察 #TradingDiary
Now at 68,160.97, down 4.76% on the day. It ranged from 67,568.00 to 71,634.01, with a trading volume of 2.014 billion USDT. It closed near the intraday low, so the chart looks weak.
The current price is 7.1% below the 7-day moving average of 73,360.31. The key question is whether 67,568.00 can hold. If it does, that's support; if not, there's a gap below.
Below the 7-day moving average, I'm just watching and not taking action. The chart isn't reassuring enough to enter yet.
That's just how the market is. No need to rush.
(Just my own observations, not advice)
#BTC #盘面观察 #TradingDiary