#市场反弹迹象

Take BTC for example, the technical situation is not optimistic. On the weekly level, the MACD indicator has formed a death cross, which is a typical bearish signal, indicating that a retracement at the weekly level has become a foregone conclusion. Last week's large bearish candle was even more frightening, causing a massive outflow of funds due to panic. Based on the current trend, it is highly likely that the main theme for the next 3-5 weeks will be retracement and sideways consolidation. On the daily level, the upward trend line has been broken, and the 5-day and 10-day moving averages have both crossed below the 30-day moving average. In this situation, attempting to immediately rebound is as difficult as climbing to the sky. The support level is around 90500; if it can stabilize here and enter a bottom-building sideways mode, that would be great. However, if it unfortunately dips to 85000, subsequent upward movements will require more time and effort, and if it breaks below the critical level of 85000, this bull market may truly come to an end.

Therefore, when everyone is bottom-fishing, be sure to enter the market in batches, and do not act impulsively and go all-in at once.