Midday Thoughts


Four-hour low-level correction, repeatedly testing support below, mainly using pin bars, with volume not yet effectively released. Currently touching the lower Bollinger Band support. If it cannot break below, the bears may further release pressure; the Bollinger Bands are narrowing, and a trend reversal window is approaching. Prepare for risk management and strategic positioning.

Trading Suggestions:
Short Bitcoin around 67,200-67,800, target near 66,000-65,200

Short Ether around 1,990-2,010, target near 1,930-1,870
BTC-0.6%
ETH-2.11%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)