3.4 Wednesday Night Bitcoin Market Analysis#比特币反弹



Low volume with a hard pull, clearly indicating that the bearish momentum is too heavy, and the market is shaking out the weak hands! The rebound is not a reversal, do not blindly chase longs.
This afternoon, I already provided the range in advance; you all understand the breakout, and those who followed have already taken profits.
The key to the US stock market trend depends on the 71,000 level.
Daily resistance at 71,782; do not chase longs unless broken.

Operation reference:

Bitcoin stands firm above 72,142, can consider light long positions.

If it breaks below 71,000, follow the trend and look for short opportunities, with support levels at 70,081-69,267.

Do not chase highs, do not hold large positions, only trade confirmed trends.
BTC7,43%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)