Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today
MicroscopicVivi
vip
Age 1.1 Yıl
Peak Tier 5
No content yet
The major trend of Bitcoin currently shows signs of reversal, but a trend reversal requires certain essential factors, and the price continues to break new highs!
At the current weekly level, it is still showing signs of correction. Although the price is continuing, there hasn’t been a clear breakout yet, so a significant pullback cannot be ruled out!
In the short-term hourly chart, the intraday trend has continued yesterday’s upward movement, but it is now facing resistance. The candlestick pattern is showing consecutive bearish candles, and the indicator shows a golden cross with decreasing
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
The long-term daily chart candlestick pattern shows a continuous fall, with the price below the moving average. The indicator in the subplot shows a golden cross pattern with reduced volume, indicating that the overall trend of the fall is very obvious!
However, the current price has deviated from the moving average, with two scenarios: the price may return to the moving average for a corrective pullback, or it may show a correction performance of time for space, which needs to be noted and observed!
The short-term hourly chart rebounded after touching the support area of 83777 following a pri
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
In December's market, just from the perspective of the shape, the monthly line continuously tested the upper band of the Bollinger Bands without breaking through. After a false breakout, a doji star was formed, followed by a confirmation with a large bearish candle. The MACD has a death cross at a high level, pointing down!
From these points alone, the market has already entered a bearish trend, and there is a demand for new lows this month, with a confirmed bearish structure on the weekly chart!
A continuous decline followed by a long upper shadow small positive candle indicates that the
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
In my personal opinion, if Bitcoin can hold above the 93000-94000 USD range next month, the probability of triggering a short positions trap will greatly increase, and the 100000 USD target will come into view!
If the price continues to oscillate within this range, the market will need more time to digest short positions pressure, but the smart money's accumulation will limit the downside space! #十二月降息预测 $BTC
BTC2.09%
View Original
  • Reward
  • 1
  • Repost
  • Share
GateUser-31749178vip:
Just get through tonight first, and then we'll talk about the future!
From the four-hour level of Bitcoin, after previously rising to around 93000, a technical correction has occurred, and currently it is in a game around the 90000 - 91000 range.
On the hourly level, the range oscillation characteristics are significant, and the fluctuation amplitude continues to converge. The currency price mainly fluctuates within a narrow range of 90500 - 91900, with no clear unilateral trend yet!
Operations should focus on key points with light positions, while strictly implementing stop losses! Bitcoin can be dun around 90300, targeting 91500, with a stop loss at 89800! $BT
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
According to the current market data technical signals, BTC once touched a high of 93100, but the long positions momentum has shown signs of fatigue. The continuous formation of upper wicks on the four-hour chart indicates increasing selling pressure at high levels, and the market's chip exchange is frequent.
In the MACD indicator, the long positions momentum bars have contracted to the neutral zone, the fast and slow lines are converging at a high level, and the short-term upward momentum is tending to weaken.
Within the one-hour structure, the K-line is being suppressed by the middle ban
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
The Bitcoin long-term daily chart candlestick pattern shows consecutive rises. Although the price is still at a low level, the auxiliary indicator's fast and slow lines are converging and running in a golden cross pattern. In the near term, the overall trend will be trapped in a range-bound fluctuation!
The most obvious feature of the short-term hourly chart is the upward shift of the lows, with the price continuing to break above the previous day's high. The pullback is relatively small, and the current trend continues the rise from earlier this morning. The price is still at a high l
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
From the daily chart perspective, Bitcoin has recently shown a bearish trend around 87300 USD, with multiple attempts to break through the key resistance level of 88500 USD failing effectively, indicating strong selling pressure in this area!
The current market has entered a relatively stable oscillation range, with key support to focus on at the 86500 dollar level!
If there is a significant breakout above the 88500 USD resistance level in the future, it is expected to open up upward space, with the next target looking towards the 91500—93000 USD range!
On the contrary, if it breaks below the
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Bitcoin’s daily chart shows a series of bullish candlesticks rebounding, but the price is still at a low level. The attached indicator is running in a death cross, and the overall downward trend is still quite evident!
The recent rebound is simply a corrective move, with the price moving up in a choppy fashion—without continuation or breaking new highs. This is a clear signal. Just because the price isn’t continuously dropping doesn’t mean the trend has changed—don’t misunderstand this!
On the short-term hourly chart, yesterday’s European session saw a choppy upward movement and the U.S. sessi
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Bitcoin’s long-term daily candlestick pattern shows consecutive bearish candles with a single bullish one, and the price is below the moving averages. The attached indicators are in a bearish crossover and trending downward, so the overall downtrend is still very obvious!
The weekend’s movement was mainly corrective, which is normal, so don’t let it mess up your rhythm. The strategy is still to short at high levels, keep positions short-term, and pay attention to news and data-driven volatility!
On the short-term hourly chart, there was downward pressure and a decline in the morning, with the
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
What should we focus on in the future?
For us ordinary retail investors, the most practical approach may not be to predict cycles, but to try to build our own market awareness. For example, learn to use data to assist in making judgments, avoid the traps caused by emotional fluctuations, and look for high cost-performance opportunities instead of chasing every hotspot.
At present, the cycle still exists, but it is more chaotic and dynamic, so we can't think about the market as "it's time for it to rise."
Many signs indicate that this round of the bull market has most likely ended, so now is th
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
On the Bitcoin macro daily chart level, the candlestick pattern shows continuous bearish candles, with the price below the moving average. The attached indicator has formed a death cross and is trending downward, making the overall downtrend very obvious. Maintain a short-term, sell-on-rallies approach!
On the short-term hourly chart, both yesterday's intraday and the European session saw the price break below the previous day's low. The US session did not continue the move but instead consolidated. After a correction this morning, there was another rejection at resistance, and currently, the
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
In the short term, although Bitcoin has a self-regulating mechanism, due to emotions and the spiral selling pressure caused by declines, Bitcoin’s price is very likely to fall below $90,000;
In the long term, price and hash rate will eventually reach equilibrium, and the Bitcoin network will remain secure! #比特币行情观察 $BTC
BTC2.09%
View Original
  • Reward
  • 1
  • Repost
  • Share
MicroscopicVivivip:
It's $80,000, it could drop below $80,000!
The Bitcoin long-term daily chart candlestick pattern is in continuous decline, with the price below the moving average. The indicators in the sub-chart are operating in a death cross, and the downtrend is very obvious. Trading should maintain short-term high-altitude operations!
The short-term hourly chart experienced fluctuations and a decline yesterday. After breaking below the previous day's low in the early morning, there was a rebound and correction during the morning and throughout the day. Currently, there are signals of secondary resistance, with the candlestick pattern showing co
BTC2.09%
GT1.83%
ETH5.85%
View Original
  • Reward
  • Comment
  • Repost
  • Share
The reason for the fall of Bitcoin is that a macro reason is the liquidity issue of the US dollar: currently, the overall liquidity of the US dollar is tight!
Federal Reserve officials generally believe that there may not be a rate cut in December, and Powell even stated that the rate cut in October might have been a mistake. The probability of tightening dollar liquidity is increasing, but there is still uncertainty at present.
The pricing of Bitcoin highly depends on market Liquidity, which is also the main reason for its recent pressure! #美联储会议纪要将公布 $GT $BTC $ETH
GT1.83%
BTC2.09%
ETH5.85%
View Original
  • Reward
  • Comment
  • Repost
  • Share
BTC daily chart level breaks, no bottom signal, it is recommended to sell the previously trapped spot during the rebound.
Ethereum shows signs of MACD divergence and may welcome a Rebound opportunity.
The market overall is bearish, but one can pay attention to the rebound opportunities of small positions at key support levels. #比特币行情观察
ETH5.85%
GT1.83%
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
From the four-hour level, Bitcoin shows a three consecutive bullish Rebound, with the price gradually approaching the Bollinger middle band, but there is still ongoing sell pressure near the middle band.
The Bollinger Bands continue to open downward, indicating that the current trend has not yet exited the downward channel. Looking at historical trends, bullish rebounds are often accompanied by strong pullbacks, and the current upward movement still falls within the scope of a technical correction.
On the hourly level, although the market is approaching the upper band with a four consecutive b
ETH5.85%
GT1.83%
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
A bull run has already happened, and the time for easy profits is over.
Recently, the incident of the Cambodian Prince Group founder's Bitcoin being seized by the U.S. Department of Justice in conjunction with multiple international law enforcement agencies has been brewing, leading to public skepticism about the anonymity attribute that Bitcoin has always been praised for. Recently, with gold reaching new highs, Bitcoin has not followed suit, and the underlying logic of Bitcoin seems to be weakening. The possibility of a bull run in the short term is already quite low.
Overall, there are
ETH5.85%
GT1.83%
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
The Bitcoin short-cycle hourly chart fell in the early morning, with support rebounding and correcting, and the high point is near the 96800 area!
Currently facing secondary pressure, the K-line pattern shows consecutive bearish candles, and the auxiliary indicator's golden cross is shrinking in volume, so it is highly likely that there will be a continued fall in the evening, as the current resistance is quite evident!
Therefore, today's BTC short-term contract trading strategy: short on the rebound in the 96800 area, stop loss at the 97300 area, target at the 95500 area!
ETH5.85%
GT1.83%
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Dear all!
The current deep pullback is both a technical correction of the frenzied increase over the past six months and an inevitable growing pain as the market structure shifts from retail FOMO (fear of missing out) driven to institutional and fundamental driven.
Maintaining a thread of rationality in "extreme fear" and seeking the truth in data is far more important than following the noise of the market.
Bull markets are not always smooth sailing, but each resolution of a crisis makes the foundation of the ecosystem more resilient.
ETH5.85%
GT1.83%
BTC2.09%
View Original
  • Reward
  • Comment
  • Repost
  • Share
  • Trending TopicsView More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)