#加密生态动态追踪 How far can Bitcoin's short-term rebound go?
Looking at the recent market trend, Bitcoin has shown a rebound on the hourly chart. The MA5 and MA10 have formed a golden cross, the MACD has turned positive, and the middle band of the Bollinger Bands has stabilized. However, these signals share a common issue—the trading volume cannot keep up. The rebound seems vigorous, but in reality, it lacks genuine market participation. From a technical perspective, the key resistance levels have been tested repeatedly but have not been effectively broken through. This situation of being unable to go up but supported from below often indicates that the main players are inducing a false breakout. Short-term gains may tempt traders to chase higher, but once a downward break occurs, the consequences can quickly become apparent. The bearish force is already brewing. A more pragmatic approach is to go short on rallies within the 88,000-89,000 range. If the price drops smoothly, the target can be around 86,500. If this support is broken again, 85,500 will become the next focal area. $BTC $ETH $XRP
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#加密生态动态追踪 How far can Bitcoin's short-term rebound go?
Looking at the recent market trend, Bitcoin has shown a rebound on the hourly chart. The MA5 and MA10 have formed a golden cross, the MACD has turned positive, and the middle band of the Bollinger Bands has stabilized. However, these signals share a common issue—the trading volume cannot keep up. The rebound seems vigorous, but in reality, it lacks genuine market participation.
From a technical perspective, the key resistance levels have been tested repeatedly but have not been effectively broken through. This situation of being unable to go up but supported from below often indicates that the main players are inducing a false breakout. Short-term gains may tempt traders to chase higher, but once a downward break occurs, the consequences can quickly become apparent.
The bearish force is already brewing. A more pragmatic approach is to go short on rallies within the 88,000-89,000 range. If the price drops smoothly, the target can be around 86,500. If this support is broken again, 85,500 will become the next focal area.
$BTC $ETH $XRP