On the four-hour level, the price comparison has always been under pressure below the MA144 mid-term moving average. The previous downward trend from the high has not changed, and although the MACD has formed a golden cross, the expansion of the red bars is weak, indicating that the short-term rebound momentum has shown signs of exhaustion.
Personal advice, for reference only (strictly set up defense) BTC is around 88500, add at 89200, target 87000, 85300$BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11.26 Wednesday Daily BTC Analysis
On the four-hour level, the price comparison has always been under pressure below the MA144 mid-term moving average. The previous downward trend from the high has not changed, and although the MACD has formed a golden cross, the expansion of the red bars is weak, indicating that the short-term rebound momentum has shown signs of exhaustion.
Personal advice, for reference only (strictly set up defense)
BTC is around 88500, add at 89200, target 87000, 85300$BTC