Today, the main focus is on short positions, with long positions as a secondary option. From the four-hour pattern, the 60-day moving average is sloping downwards, acting as resistance, while the 10-day moving average above is also a point of pressure on the daily chart. It seems there is a tendency to accelerate downwards today, looking for a double bottom. Support: 3735-3675, Resistance: 4026-4080. For Bitcoin: Support 103100-104500, Resistance 110200-109400. Trading signals should be followed, and no orders should be placed without stop-loss.
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$BTC Technical Analysis
Today, the main focus is on short positions, with long positions as a secondary option. From the four-hour pattern, the 60-day moving average is sloping downwards, acting as resistance, while the 10-day moving average above is also a point of pressure on the daily chart. It seems there is a tendency to accelerate downwards today, looking for a double bottom. Support: 3735-3675, Resistance: 4026-4080. For Bitcoin: Support 103100-104500, Resistance 110200-109400. Trading signals should be followed, and no orders should be placed without stop-loss.