From the 4-hour level, the Bitcoin is still in a stepped downward channel. The rapid repair after the flood to around 100700 has not been very effective. Currently, Bitcoin is still moving close to the lower track below the middle track.
From a technical perspective, the hourly MACD is narrowing above the zero axis, and the pullback is strong, which allows for a cautious attempt to break out.
Operation suggestion at the current price of 102000. Target looking at the 103000 line. Defense at 101700$BTC .
This round of the bull market cycle has not ended! The expected position has not been reached, and in the second half of the year, Bitcoin is looking towards 150,000! $BTC
From the current trend, the recent flood discharge has not broken the rectangular oscillation. From a technical perspective, both the RSI and J-line have shown signs of overselling. This time, the clearing force is relatively strong; if it can return above 2460, there is a chance to return to 2800! Trading suggestion: Watch around the 2410 line Target: Look at the 2600 line Defense: Around 2390 near $ETH
From the current perspective, the market is showing weakness, with multiple attempts to recover proving ineffective. This recent breakdown has breached the short-term support level of 103700. If the market can regain strength and, combined with positive influences, recover to 105000 and stabilize, it is expected to explore further highs.
If you accidentally hit a profit without canceling the target commission, then just eat less, it's all about the accumulation process and experience! $BTC
Let me explain the funding rate to my friends. The funding rate is the fee that is regularly paid between parties in the futures market. Its main purpose is to keep the futures price in line with the asset prices in the spot market, in order to maintain market stability.
When the futures price is higher than the spot price, the funding rate is positive, and at this time, the long position must pay the funding fee to the short position; when the futures price is lower than the spot price, the funding rate is negative, and the short position must pay the funding fee to the long position. $BTC
Old Te's light "it doesn't matter" is sharper than any sword, carefully brewed expectations are shattered into pieces [facepalm][facepalm]$BTC #以色列伊朗冲突