Recently, the price has been fluctuating within the range of 87,000 to 89,000, and the market's bulls and bears are in a stalemate. Yesterday, Black Friday, a large bearish candle strongly pushed the price downward, but the market did not continue to deteriorate, and the price gradually stabilized. From the technical indicator MACD, it is currently below the zero line, with both the DIF and DEA lines in negative territory, clearly indicating that the bearish forces dominate the current market. However, it is worth noting that the green bars in the MACD histogram are gradually shortening, which means the bearish momentum is weakening, and the market may be brewing a new change.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Recently, the price has been fluctuating within the range of 87,000 to 89,000, and the market's bulls and bears are in a stalemate. Yesterday, Black Friday, a large bearish candle strongly pushed the price downward, but the market did not continue to deteriorate, and the price gradually stabilized. From the technical indicator MACD, it is currently below the zero line, with both the DIF and DEA lines in negative territory, clearly indicating that the bearish forces dominate the current market. However, it is worth noting that the green bars in the MACD histogram are gradually shortening, which means the bearish momentum is weakening, and the market may be brewing a new change.
Trading Suggestions:
Bitcoin: Buy at 87200-86600, target 88600, 89600.
Altcoin: Buy at 2920-2890, target 3020, 3100.$BTC $GT $ETH #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感