3.16 Evening Analysis



Bitcoin price surged then quickly pulled back, with bulls unable to sustain the momentum.
The upper shadow directly pierced through the previous resistance level before being knocked down, with selling pressure extremely heavy from above.

On the 4-hour level, MACD shows signs of turning, with volume divergence and obvious weakening of bullish momentum.

This is a very typical short-term spike high, topping, and pullback correction technical pattern.
Current price oscillating near 73500, representing weak bounce correction, not reversal. Once the support below is breached, pullback space will further expand.

Trading suggestion: Short 73600-74100 range, 71600-72000.$BTC $BTC
BTC2.83%
查看原文
post-image
此頁面可能包含第三方內容,僅供參考(非陳述或保證),不應被視為 Gate 認可其觀點表述,也不得被視為財務或專業建議。詳見聲明
  • 讚賞
  • 留言
  • 轉發
  • 分享
留言
請輸入留言內容
請輸入留言內容
暫無留言