Big Pie Although there was a rebound with a counterfeit yesterday, I believe it was just a technical rebound and did not indicate a reversal trend! The rebound did not break through key moving averages, and the MACD has formed a bearish divergence dead cross on the daily chart. From these two points, it is highly likely that there is still room for further decline!
The most suitable bottom-fishing opportunity for BTC remains around 90,000.
If it is a reversal trend, it must stabilize above 99,000 for me to believe that the bulls have regained control.
ETH is similar; it also faced pressure yesterday and did not break through, which did not change the trend.
The most suitable point is to break below 3,000 and then recover for bottom-fishing.
BTC may enter a consolidation phase after breaking 70,000 and reaching new highs.
The typical characteristic of this phase is that it is no longer a one-sided trend, but rather a stage of fluctuating within a large range of ups and downs. This forms a long-term consolidation and turnover range. From the previous consolidation duration, it was about two months for the short term and up to six months for the long term.
This phase is very suitable for swing trading and short-term trading.
A short-term long position around 94,200 is a support on the hourly chart, and there will be a rebound after a pullback #市场调整後的机会? $BTC