#美国就业数据表现强劲超出预期 Bitcoin's four-hour chart is quite interesting—after a surge, there's been a pullback, but the price was firmly supported near the high point, indicating that the support below is still quite strong. After a tug-of-war between bulls and bears, the market has entered a consolidation phase, which is a good sign of building ammunition for the next move.
Although the MACD currently looks a bit weak, the fast and slow lines are approaching each other and showing signs of convergence, which often means the bearish momentum is waning. The market seems to be at a crossroads, preparing to choose the next direction. Signs of a mid-term bottom are beginning to emerge.
Looking at the hourly chart, despite some short-term pressure, the bears have lost some strength after the decline. The lower band of the Bollinger Bands is narrowing, and after hitting a key support, the decline in $BTC is no longer as fierce, indicating that the selling pressure is being exhausted. Although the candlesticks are still mostly green, the downward momentum has indeed weakened. Without a solid break below important support, and with a healthy correction forming a decent platform, this sets a good foundation for a rebound.
Overall, Bitcoin is maintaining oscillation above support, and the current resistance is actually a normal shakeout of the previous rally. The support below is still valid, and the downward space is limited. Once the bears lose momentum completely, the market is likely to usher in a new round of upward attack. It is recommended to watch for signs of stabilization near support, consider adding long positions at the right time, and don't forget to set stop-losses to control risk. Patience is key—once the market clarifies its direction, the rebound opportunity will come.
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#美国就业数据表现强劲超出预期 Bitcoin's four-hour chart is quite interesting—after a surge, there's been a pullback, but the price was firmly supported near the high point, indicating that the support below is still quite strong. After a tug-of-war between bulls and bears, the market has entered a consolidation phase, which is a good sign of building ammunition for the next move.
Although the MACD currently looks a bit weak, the fast and slow lines are approaching each other and showing signs of convergence, which often means the bearish momentum is waning. The market seems to be at a crossroads, preparing to choose the next direction. Signs of a mid-term bottom are beginning to emerge.
Looking at the hourly chart, despite some short-term pressure, the bears have lost some strength after the decline. The lower band of the Bollinger Bands is narrowing, and after hitting a key support, the decline in $BTC is no longer as fierce, indicating that the selling pressure is being exhausted. Although the candlesticks are still mostly green, the downward momentum has indeed weakened. Without a solid break below important support, and with a healthy correction forming a decent platform, this sets a good foundation for a rebound.
Overall, Bitcoin is maintaining oscillation above support, and the current resistance is actually a normal shakeout of the previous rally. The support below is still valid, and the downward space is limited. Once the bears lose momentum completely, the market is likely to usher in a new round of upward attack. It is recommended to watch for signs of stabilization near support, consider adding long positions at the right time, and don't forget to set stop-losses to control risk. Patience is key—once the market clarifies its direction, the rebound opportunity will come.