Time will prove that all market trends are traceable!
昊宸
--
In the early hours of yesterday, the major currency briefly dropped to around 109200, where it found support. Currently, it shows a small upward candlestick, but overall it is still in the rebound correction from the previous day's large downward candlestick.
Looking at the MACD indicator, both the DIF and DEA on the hourly chart are below the zero axis, and the histogram continues to shorten, indicating a weakening of bearish momentum, with signs of a potential golden cross.
At the same time, the RSI value is approaching the oversold zone, indicating a certain rebound demand, but the current price is below the three EMA lines, suggesting an overall bearish trend. However, in the short term, it may converge towards the EMA7 direction.
Therefore, although the major currency is currently in a short-term rebound phase, the overall trend remains bearish. Pay attention to the resistance levels at the integers 112000 and 1126000. On the downside, watch whether yesterday's low of 109200 can support again; if this level breaks again, focus on 107200 and 103500, potentially returning below 100000! #加密市场回调 $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.