Bitcoin is currently under the pressure of a triangular consolidation, but there is a clear divergence on the four-hour level. Coupled with the evening news and the correlation with the US stock market, tonight is a key window for a potential breakout. But no matter how great the opportunity, you must keep an eye on your position and not act impulsively.
Evening thoughts, first look at around 108050 for a drop, if reached, then directly set up a long position, with the first target at the 110800 area. If it breaks strongly upwards, continue to look towards around 114000. If it can't hold and breaks down, 105600 is the key defense area, so don't be complacent. #Gate xStocks 交易体验
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7.9 Evening Ice Brother's Thoughts
Bitcoin is currently under the pressure of a triangular consolidation, but there is a clear divergence on the four-hour level. Coupled with the evening news and the correlation with the US stock market, tonight is a key window for a potential breakout.
But no matter how great the opportunity, you must keep an eye on your position and not act impulsively.
Evening thoughts, first look at around 108050 for a drop, if reached, then directly set up a long position, with the first target at the 110800 area. If it breaks strongly upwards, continue to look towards around 114000. If it can't hold and breaks down, 105600 is the key defense area, so don't be complacent. #Gate xStocks 交易体验