Consolidation is a buildup rather than an endpoint; repeated fluctuations are tests, not reversals. Stay focused on the right direction and remain patient—the market will eventually arrive! Currently, the short-term downward momentum is weak, with Bitcoin's overall volatility only a few hundred points. There is still room below, so be patient and wait.



In the market, the rebound strength is weak, and it is trading sideways in a weak range. This is the rhythm of "long consolidation must lead to a fall." After sideways consolidation, a vertical breakout is highly likely. Even if there are repeated tug-of-wars in the middle, a substantial downward breakthrough will open up significant downside space. In the short-term trend, Bitcoin's rebound is weak and the weakness is evident. Resistance above is heavy, and the bears are still in control. The intraday strategy focuses on rebounds facing resistance and falling back, with a primary approach of shorting on rallies. Let's wait patiently for the pullback!
BTC-2,72%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin