#BTC资金流动性 # Evening Technical Review and Trading Ideas
**Daily Chart Pattern**
Bitcoin experienced a clear rise on the 19th, jumping straight from 85,500 to 88,100, breaking previous highs. By the 20th, momentum weakened, and it fluctuated within a small range all day, appearing to be a tug-of-war between bulls and bears, with no clear direction for now.
**Short-term Signal**
On the 4-hour chart, the MACD histogram is getting shorter, and the two lines (DIF and DEA) are still below the zero line but showing signs of converging. This indicates a short-term rebound is likely, but the rebound won't be too strong.
**Trading Recommendations**
$BTC: Short in the 88,700 to 88,500 range, targeting the 86,000-87,000 zone.
$ETH: Enter around 3,000-2,980, with a downward target of 2,800-2,900.
Recent volatility is high; risk control is the priority.
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.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
0xOverleveraged
· 4h ago
87,700 empty? Feels like it needs to drop further before taking profit. This rebound looks just like the powerless rebound from yesterday no matter how you look at it.
View OriginalReply0
AllInAlice
· 5h ago
88500 short position has been entered, just waiting for this wave of correction. DIF hasn't crossed the zero line yet.
View OriginalReply0
VitalikFanboy42
· 5h ago
Have you held onto the 88,700 short position? Haha, I feel like this rebound is just a trap to lure more in.
View OriginalReply0
GasFeeCry
· 5h ago
The 88,500 level is indeed a bit risky; I'm still waiting for a rebound confirmation.
View OriginalReply0
SatoshiSherpa
· 5h ago
88500 is indeed a risky level, but I wonder if the rebound isn't strong enough to dare to short? Or do we need to wait for a clearer signal?
#BTC资金流动性 # Evening Technical Review and Trading Ideas
**Daily Chart Pattern**
Bitcoin experienced a clear rise on the 19th, jumping straight from 85,500 to 88,100, breaking previous highs. By the 20th, momentum weakened, and it fluctuated within a small range all day, appearing to be a tug-of-war between bulls and bears, with no clear direction for now.
**Short-term Signal**
On the 4-hour chart, the MACD histogram is getting shorter, and the two lines (DIF and DEA) are still below the zero line but showing signs of converging. This indicates a short-term rebound is likely, but the rebound won't be too strong.
**Trading Recommendations**
$BTC: Short in the 88,700 to 88,500 range, targeting the 86,000-87,000 zone.
$ETH: Enter around 3,000-2,980, with a downward target of 2,800-2,900.
Recent volatility is high; risk control is the priority.