The Federal Reserve has been messing around all night, completely disrupting market sentiment!


The real highlight of the midday BTC session is just beginning!

Remember one core principle: the 12-hour EMA52 is the current boundary between bulls and bears, and the main players are fighting over this level.

As long as the support at 74,800-74,900 holds, the bulls still have confidence, and there’s still room for a rebound;
Once this level is broken decisively, the short-term bulls will be wiped out, and a deep correction will begin. Even if there’s a rebound in the middle, it will be a weak bounce, and the overall trend will turn bearish.

The market is very delicate right now, so don’t chase orders blindly or hold onto positions stubbornly!
Be patient and keep a close eye on this key level at 74,800-74,900, and wait for a clear direction before entering.
BTC-0.37%
GT-0.68%
ETH-1.53%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments