The daily candlestick is a small bearish candle with a lower shadow, and the body of the bearish candle engulfs the body of the previous day's bullish candle, ending a series of bullish movements, with the trading volume being three-quarters of the previous day's volume.
The daily MA30 line starts to flatten after a downtrend, and the MACD shows weakening bearish momentum below the zero axis.
The daily trend is very similar to ORDI, with moving averages concentrated in one area, and there is still room for further adjustment in the short term.
It is important to pay attention to the appearance of a bullish candle breaking above multiple moving averages; if this occurs, a pullback is a great opportunity to enter.
Still the same statement: patience is needed for the larger main upward wave, waiting for Bitcoin to reach a new historical high.
Daily level resistance at 11900-13600-14500 and support at 10800-9800-8800-7690-6770
