Based on the current K-line and pattern, after a continuous decline, there was a sharp rebound. The hourly chart shows a V-shaped recovery, indicating a period of oscillation and rebound after being oversold. Extreme panic has led to weakening selling pressure. From the indicators, the 1-hour RSI has rebounded from oversold levels to 50-60, while the daily chart remains in the oversold zone. Trading volume has modestly increased with the rebound. Confirmation is needed for a volume breakout around 72,000! Overall, the trend is still downward! However, small positions can attempt rebounds within the range, with strict stop-loss controls!
Bitcoin: Can consider around 70,000-69,500, targeting approximately 71,500-73,000
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Today's public thoughts:
Based on the current K-line and pattern, after a continuous decline, there was a sharp rebound. The hourly chart shows a V-shaped recovery, indicating a period of oscillation and rebound after being oversold. Extreme panic has led to weakening selling pressure.
From the indicators, the 1-hour RSI has rebounded from oversold levels to 50-60, while the daily chart remains in the oversold zone. Trading volume has modestly increased with the rebound. Confirmation is needed for a volume breakout around 72,000! Overall, the trend is still downward! However, small positions can attempt rebounds within the range, with strict stop-loss controls!
Bitcoin: Can consider around 70,000-69,500, targeting approximately 71,500-73,000
Altcoin: Can consider around 2,070-2,050, targeting approximately 2,100-2,150
$BTC #当前行情抄底还是观望?
$ETH #币圈生存指南