比特财经阿杰
--
Bearish
BTC Market Alert: Pullback Risks Arise, Investors Need to Be Cautious!
In the cryptocurrency market, the trend of BTC has always been the focus of investors. Recently, BTC's movement seems to reveal some unusual signals that deserve our high vigilance. Yesterday, when BTC was attempting to break through the key resistance level of $88,750, it faced strong selling pressure and had to pull back. The market originally expected BTC to pull back to the support level of $85,000, but unexpectedly, it stopped the pullback at $86,200.
From the perspective of trading volume, the volume of this pullback is still large, which means that selling pressure has not weakened. With persistent selling pressure, BTC's rise appears somewhat short-sighted. This abnormal trend makes me suspect that this could be a “trap for buyers,” which attracts investors to buy through a brief rise, followed by a significant decline.
What is even more concerning is that during BTC's second attempt to rise, its trading volume significantly decreased and it failed to break through the previous high of $88,750, stopping its rise at just $88,500. This divergence in volume and price indicates that BTC's upward momentum is weakening, and the likelihood of further pullback is very high.
If BTC falls below the key support level of $86,200, it is very likely to continue to dip to the level of $85,000. Investors need to closely monitor BTC's movement, especially its support situation around $86,200. Once it falls below this level, it is recommended that investors adjust their strategies in a timely manner to avoid unnecessary losses from blindly chasing high prices. In the current market environment, a cautious wait-and-see approach may be the best choice.
Wishing my friends who come across this good luck and profits every day! Make money every day 🤑
#GameStop将比特币纳入储备资产 #Dogecoin基金会启动DOGE储备 #Strategy增持比特币 #美国加征关税 #币安HODLer空投PARTI $BTC
$ETH
$BNB
In the cryptocurrency market, the trend of BTC has always been the focus of investors. Recently, BTC's movement seems to reveal some unusual signals that deserve our high vigilance. Yesterday, when BTC was attempting to break through the key resistance level of $88,750, it faced strong selling pressure and had to pull back. The market originally expected BTC to pull back to the support level of $85,000, but unexpectedly, it stopped the pullback at $86,200.
From the perspective of trading volume, the volume of this pullback is still large, which means that selling pressure has not weakened. With persistent selling pressure, BTC's rise appears somewhat short-sighted. This abnormal trend makes me suspect that this could be a “trap for buyers,” which attracts investors to buy through a brief rise, followed by a significant decline.
What is even more concerning is that during BTC's second attempt to rise, its trading volume significantly decreased and it failed to break through the previous high of $88,750, stopping its rise at just $88,500. This divergence in volume and price indicates that BTC's upward momentum is weakening, and the likelihood of further pullback is very high.
If BTC falls below the key support level of $86,200, it is very likely to continue to dip to the level of $85,000. Investors need to closely monitor BTC's movement, especially its support situation around $86,200. Once it falls below this level, it is recommended that investors adjust their strategies in a timely manner to avoid unnecessary losses from blindly chasing high prices. In the current market environment, a cautious wait-and-see approach may be the best choice.
Wishing my friends who come across this good luck and profits every day! Make money every day 🤑
#GameStop将比特币纳入储备资产 #Dogecoin基金会启动DOGE储备 #Strategy增持比特币 #美国加征关税 #币安HODLer空投PARTI $BTC
$ETH
$BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number