From the current chart of Bitcoin, on the hourly technical level, the market has clearly broken below the lower band of the Bollinger Bands. The short-term bearish trend is further strengthened, and the downward space may open further below. The MACD indicator is still below the zero line. Although the bearish momentum bars have not significantly contracted, the morning trading strategy is to mainly rebound and short.
Bitcoin: Range of 88,000-88,500, with a target of around 85,500
Aggressive phased entry, with proper defensive positioning. #特朗普取消对欧关税威胁 $ETH
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.
1.26 Morning Thoughts
From the current chart of Bitcoin, on the hourly technical level, the market has clearly broken below the lower band of the Bollinger Bands. The short-term bearish trend is further strengthened, and the downward space may open further below. The MACD indicator is still below the zero line. Although the bearish momentum bars have not significantly contracted, the morning trading strategy is to mainly rebound and short.
Bitcoin: Range of 88,000-88,500, with a target of around 85,500
Aggressive phased entry, with proper defensive positioning. #特朗普取消对欧关税威胁 $ETH