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Gate Square New & Returning Creator Rewards are ongoing!
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#Michael Saylor Hints Buying More BTC
6.16 Initial Zhe Afternoon Thought Analysis
In the short term, although the overall trend indicates that the market is in an upward channel, from the 4-hour level, the price of Bitcoin continues to rise. At the same time, the MACD indicator's histogram continues to shrink, which means that the bullish momentum is accelerating its decay.
The KDJ indicator forms a death cross in the overbought area, releasing a strong retracement signal. Overall assessment indicates significant downward pressure on the market in the short term.
Operational Suggestions
Big Pie: 106800-107400 short, target 104500-105500
Auntie: 2610-2630 empty, target 2500-2550
#Gate BTC链上质押收益百分之三 #Michael Saylor暗示增持BTC #SOL ETF发行新进展