#比特币对比代币化黄金 Everyone, I’ve noticed a technical signal that warrants caution.



Looking at the chart, you can see the price is being heavily suppressed in the high supply zone, and the rebound is extremely weak. What’s worse, as the price moves up, the trading volume keeps shrinking, and once it turns downward, selling pressure surges in. What does this divergence between price and volume indicate? The bulls are running out of ammo.

After the key support level was breached, it’s now acting as resistance instead. At times like this, experienced traders are considering taking profits.

My trading plan:
Short entry: 0.950
First target: 0.791
Second target: 0.633
Stop loss: 1.056

$EVAA $4 $BEAT
BTC0.99%
EVAA-3.46%
BEAT33.47%
View Original
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
  • 2
  • Repost
  • Share
Comment
0/400
MEVictimvip
· 23h ago
The divergence between volume and price is so obvious, the bulls are really out of steam. Your short position plan is quite safe.
View OriginalReply0
GateUser-a5fa8bd0vip
· 23h ago
The divergence between volume and price is indeed quite interesting, but I think I still need to look at more data across different timeframes before making a move.
View OriginalReply0
  • 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)