Fourth Uncle's Morning Thoughts
The MACD indicator on the hourly chart shows a death cross pattern, and the DIF line continues to extend downward, clearly indicating that bearish forces are dominating in the short term. Currently, the price of Bitcoin is below the EMA7 moving average and is gradually approaching the EMA30 moving average. Therefore, it is highly likely to further test lower support levels.
1️⃣ Big 🫓 96500 (Take Profit) 95000 (Stop Loss) 97000 (Defense)
2️⃣ Aunt 3760 (Take Profit) 3700 (Stop Loss) 3810$BTC #BTC新高10W #历史见证者打卡