Last night, BTC experienced a flash drop, quickly breaking below the 1-hour Bollinger Bands and parallel channel support. It is currently pulling back to the midline for confirmation.



The long-term downward channel structure remains intact. In the short term, it's suitable to try short positions with tight stop-losses, while closely monitoring the effectiveness of support at the 90,000 level.

Consider shorting BTC around the 92,500-93,000 area, with downside targets at 91,000-90,000.
USDC0.01%
SOL-4.79%
XRP-3.1%
ETH-3.68%
BTC-3.34%
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
0/400
No comments
  • 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)