On Monday, after the non-farm payroll data was released, it was difficult to reverse the trend, and there was another significant drop early this morning!
After two days of sideways adjustment over the weekend, Bitcoin has once again fallen, stopping at the 80,000 mark early this morning! Some slight positive news is like a fleeting moment, and given the overall weak market sentiment, there is no significant bullish sentiment, so we will follow the trend!
From the chart, the 4-hour line has shown 4 consecutive bearish candles, directly breaking through the lower Bollinger Band, with the MACD lines crossing downwards, and the energy bars continue to increase in volume and short, indicating a generally weak trend!
Short-term trading for Bitcoin: Look for a rebound in the 82,000-82,500 range, aiming down towards around 78,000, with Ethereum moving in sync!
In life, it's never too late to start! As long as you take action, there are opportunities.
The two most wasteful behaviors in the world: one is to think without learning, the other is to hesitate and be indecisive.