$BTC $ETH Bitcoin daily thoughts;


Last night, quick profit-taking around 86355 after inserting the needle, forming a clear V-shaped recovery, retesting the middle band without breaking it, indicating a slightly strong structure. The MACD golden cross remains with the histogram maintained, and the momentum is still there. Bitcoin also rebounded and moved higher, consolidating at high levels, MACD turning red, and volume decreasing as a normal digestion. Oscillation above the middle band = bulls are gathering strength. As long as it doesn't break the level, the outlook remains bullish.

Bitcoin around 87400 long
Targets: 88000, 88600, 89200
Stop loss: 86800

Bitcoin around 2930 long
Targets: 2960, 2990, 3030
Stop loss: 2890

Intraday discipline: do not chase highs, do not go against the trend. Today is a structural trading day, not an emotional day. Only trade at support levels; if it fails, exit.
BTC0.88%
ETH0.22%
View Original
post-image
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)