This sudden large bullish candlestick has made the bears uncomfortable... The high point given at midnight was stopped out, and the defense here at 86500 is not significant. Last week's volatility was not large, so the defense didn't lead to a big move; mainly because there was a fear of a sudden market reversal on Monday, and sure enough, there was some action early in the morning!
Currently, Bitcoin needs to pay attention to the stabilization situation below at 86000. If it can hold this level after a pullback, then there is a high probability of testing the pressure levels at 88500 and 89700 during the day. If it cannot hold 86000, then it will just be a false move, and the probability of testing downwards at 84000 and 83000 will be high.
A few rises in the early session are not a good sign; it is not advisable to be overly optimistic and chase blindly. Instead, wait for a pullback to test the support before considering a low buy, as this will be more prudent. #MichaelSaylor暗示增持BTC
Currently, Bitcoin needs to pay attention to the stabilization situation below at 86000. If it can hold this level after a pullback, then there is a high probability of testing the pressure levels at 88500 and 89700 during the day. If it cannot hold 86000, then it will just be a false move, and the probability of testing downwards at 84000 and 83000 will be high.
A few rises in the early session are not a good sign; it is not advisable to be overly optimistic and chase blindly. Instead, wait for a pullback to test the support before considering a low buy, as this will be more prudent. #MichaelSaylor暗示增持BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,784.69
-1.72%