CryptoExplorer
#美联储重启降息步伐 **Midday Observation on December 6: BTC Struggles in a Weak Zone**
Looking at the recent trend, after Bitcoin climbed up from the low of 2978, it's been grinding sideways at the bottom these past few days, with small candles going sideways. There's been no decent bullish momentum—the bulls' counterattack is really weak. The price is now at 3037, down 4.16% on the day.
The Bollinger Bands aren't looking good—price is stuck below the middle band, the upper band is starting to press down, and the lower band is flattening. This structure clearly still favors the bears; at best, it's jus
Looking at the recent trend, after Bitcoin climbed up from the low of 2978, it's been grinding sideways at the bottom these past few days, with small candles going sideways. There's been no decent bullish momentum—the bulls' counterattack is really weak. The price is now at 3037, down 4.16% on the day.
The Bollinger Bands aren't looking good—price is stuck below the middle band, the upper band is starting to press down, and the lower band is flattening. This structure clearly still favors the bears; at best, it's jus
BTC-3.03%
