Notice
The risk of Bitcoin's pullback is still present.
The daily indicators for Bitcoin have all turned downwards.
MACD has formed a death cross. Adding to the turning point.
Moving averages are operating below MA5 and MA10.
Currently, the divergence on the daily chart has not been fully resolved.
Generally, divergences will smooth out the gains from the divergence.
The daily level is above MA120, which is right near the starting point of the divergence. Therefore, a backtest of MA120 is necessary.
Ethereum is not as strong as yesterday and has started to oscillate with Bitcoin.
Overall, we still anticipate a pullback.
U.S. stocks and the U.S. dollar index are respectively at important resistance levels. The dollar has a demand for a rebound. U.S. stocks have a demand for a pullback.
Shenzhen Zicheng Village Committee Party Branch! #美联储FOMC会议 $BTC