After a day of technical pullback, the prices of Bitcoin and Ethereum have entered a state of dormancy! This can be understood as the aftermath of significant volatility, or it can be seen as the calm before the storm.
Currently, there is a divergence in the daily structure of Bitcoin! Both RSI and MACD are showing divergences! From a technical indicator perspective, a significant drop is expected, brothers. However, in a strong one-sided market, divergences cannot be the sole reference point. It is advisable to focus on actual trades and watch for breakthroughs at key levels.
A significant high appears around 107100 above Bitcoin, while a significant low is at 102000 below. The US stock market is likely to open normally tonight, and it might open slightly in the green. Therefore, I suggest that everyone consider entering a short position around 107200, with a stop loss of 600 points! Looking down towards 104000!
The market has lagging characteristics, so be sure to learn to be flexible and adaptable! #币安Alpha推出MERL交易竞赛 #币安Alpha上新 $BTC