Thursday Evening Market Observation:



From a candlestick technical perspective, the KDJ has entered overbought territory in the short term, and the MACD has also formed a death cross. However, these signals typically only indicate a technical correction on the hourly chart level, and the overall upward momentum of the long-term trend has not been broken. More indicative is the ATR indicator which has been running at a high level, suggesting that market trading activity remains strong and there has been no significant large-scale capital outflow.

Specifically, for #Strategy加仓BTC , focus on the support zone around 96500-96000, with resistance targets at 97600-98400 above; for @E5@, 3340-3320 serves as a key support in the near term, and after a rebound, watch for resistance at 3390-3420. Overall, although there is a possibility of technical correction in the short term, the medium-term upward trend remains relatively stable.
BTC-1,84%
ETH-1,93%
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
  • 5
  • Repost
  • Share
Comment
0/400
MEVvictimvip
· 11h ago
View OriginalReply0
ser_ngmivip
· 11h ago
Death cross again? Alright, as long as this big trend doesn't collapse, I'll just keep accumulating.
View OriginalReply0
Ser_This_Is_A_Casinovip
· 11h ago
Overbought death cross has appeared. How much will this correction be? Feels like it's about to plunge again.
View OriginalReply0
StableBoivip
· 11h ago
The death cross has arrived, but it's nothing much; the overall trend is still there.
View OriginalReply0
MoonWaterDropletsvip
· 11h ago
短期回调正常啦,大方向没被破坏就好,继续拿着
Reply0
  • 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)