MARKET INDECISION: SHORT AND LONG POSITIONS CONTINUE TO FLUCTUATE‼️
Market movements on Thursday were full of uncertainty; BTC fell to the level of 57,300, then recovered and rose above the level of 58,600 again. In the evening hours when the trading volume increased, BTC and ETH positions provided intraday gains. However, the narrowing of the Bollinger Bands on the four-hour charts and the possible divergence signal of the KDJ indicator indicate that a correction wave may come in the coming period. ETH showed less fluctuation than BTC, but resistance levels and market dynamics in both cryptocurrencies should be closely monitored. In night transactions, precautions can be taken against wide-range fluctuations with long positions first and then short positions.
🔥🔥🔥 Market volatility continues, investors should focus on risk management‼️
#escoin #BinanceHerYerde #elg #Binance $BTC $ETH
References:
1. IC Markets, “Technical Outlook and Review,” 2024.
2. Market News, “Crypto Volatility and Market Trends,” 2024.
