2025.2.18.
Bitcoin: After a surge last night, it suddenly pulled back, with a dramatic amplitude turning the daily candlestick fully red, ending with a bearish line!
Bitcoin put in a day's effort, but was ultimately strongly controlled by the bears!
Therefore, under the current circumstances, Bitcoin is in a downward adjustment trend, and the daily candlestick's rebound is merely manifested as fluctuations within a certain range!
Some refer to this as "activity below MA60;" in this scenario, it's essential to understand the upper and lower limits for day trading. Once these limits are breached, it will turn into a one-sided market!
Thus, for friends trading short-term, it's advisable to set stop-losses wisely!
The hourly cycle is nearing the end of its pattern fluctuations and is about to change! Please pay attention to market changes in the next couple of days!
Thank you for your attention, and I will continue to share!