From the daily and weekly charts, a bearish arrangement is clear, with lower highs and lower lows, indicating weak rebounds! From the monthly chart, five consecutive down days confirm a medium-term bear market! From the 3-day chart, death crosses have historically predicted sharp declines!
Bitcoin: Rebound to around 66,500-67,000 could be a good entry point, with targets around 65,500-63,000. $BTC #当前行情抄底还是观望? $ETH #BTC能否重返7万美元?
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$BTC Open thoughts:
From the daily and weekly charts, a bearish arrangement is clear, with lower highs and lower lows, indicating weak rebounds!
From the monthly chart, five consecutive down days confirm a medium-term bear market!
From the 3-day chart, death crosses have historically predicted sharp declines!
Bitcoin: Rebound to around 66,500-67,000 could be a good entry point, with targets around 65,500-63,000.
$BTC #当前行情抄底还是观望?
$ETH #BTC能否重返7万美元?