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Thursday, the afternoon of the 3.5th, BTC/ETH Silk Share
Bitcoin has currently fallen back below the 7-day moving average (72514.2), indicating a shift from a strong to a weak short-term pattern. The 30-day moving average (71453.1) now serves as an important support line. If this level is broken, the downside potential could further expand. On the hourly chart, the candlesticks have been consecutively bearish, and the bearish momentum has not yet been fully released. There is still a possibility of further decline in the short term.
Trading Suggestions:
Buy within the 72500-73000 range with a target of 70000
Buy within the 2130-2150 range with a target of 1990