Grasp the market trend! ! ! BTC shorting makes a lot of money easily
BTC is facing strong selling pressure near 98,000, and technical signals show that shorts dominate. The RSI indicator has broken down below 50, the market lacks sufficient buying support, and short sentiment begins to dominate. At the same time, the appearance of the MACD death cross also increases the probability of a callback, which provides more evidence for short-term price declines. The trading volume near 98,000 has shrunk, the market's buying momentum is obviously insufficient, selling pressure is evident, and short forces are further strengthened. These signals indicate that BTC's upside at this price has been suppressed, and the downside risk in the short term has increased.
In the absence of strong support in the market, Bitcoin's downward trend has become more obvious. Every move in the market may affect future trends. Want to know how to deal with the current market? Follow Mr. Qiu and take you to stand firm in the market!
