Bitcoin continues to decline, do not easily try to catch the bottom, the bearish momentum for Bitcoin is still very strong, and it has not stopped falling yet. Be patient and wait for an opportunity to short on the rebound.

Currently, the 1-hour moving average has begun to turn downwards, and the overall trend is still weak. If the 1-hour moving average forms a death cross later, the downward space for Bitcoin will increase, and the rebound will provide an opportunity for shorts. The coin price rebounded around 95000 during the day and began to face pressure and fall back, the rebound is very weak. In subsequent operations, it is still recommended to short around the rebound area of 92000-92500, with a target of 91000-90000!

Now many friends are concerned about where Bitcoin will drop to? Can we catch the bottom?

Here, Old Ye still says: In front of the trend, do not be lucky, and do not say bottom during a decline. It is still the same: do not say bottom during a decline, now is a bearish trend, just short on the rebound. $BTC $ETH $SOL #NOT市场动态 #比特币关键区间 #ETH市场新动向 #比特币走势分析