#美联储降息 Bitcoin is once again wavering along the trend line, repeatedly tugging between 94 and 9000 dollars. Basically, the market liquidity is too poor, and large players have to draw lines back and forth to accumulate. But look, the downward momentum has already significantly weakened, and the market energy is fading.
Currently, Bitcoin is once again close to the support level, which is a good entry point. In the short term, focus on the price range of 89500 to 89000. To the upside, a breakthrough of 93 to 94 is needed to be considered a valid rebound.
The Federal Reserve's interest rate cut expectations still need to be observed, as they could impact the subsequent rebound rhythm.
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.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
TokenUnlocker
· 8h ago
89000 this part is indeed interesting, but with such poor liquidity, I still have to wait and see.
View OriginalReply0
0xOverleveraged
· 8h ago
Drawing lines here again, with such poor liquidity, still expecting a rebound? Stop kidding.
View OriginalReply0
TokenDustCollector
· 8h ago
The liquidity is so poor that the manipulators' moves are really annoying, repeatedly tugging and frustrating everyone.
View OriginalReply0
P2ENotWorking
· 8h ago
Poor liquidity is just an excuse; the manipulator drawing lines to accumulate shares has long been tired of this trick.
View OriginalReply0
DegenDreamer
· 9h ago
Still butting heads here, it seems like the market makers are tired of drawing lines.
#美联储降息 Bitcoin is once again wavering along the trend line, repeatedly tugging between 94 and 9000 dollars. Basically, the market liquidity is too poor, and large players have to draw lines back and forth to accumulate. But look, the downward momentum has already significantly weakened, and the market energy is fading.
Currently, Bitcoin is once again close to the support level, which is a good entry point. In the short term, focus on the price range of 89500 to 89000. To the upside, a breakthrough of 93 to 94 is needed to be considered a valid rebound.
The Federal Reserve's interest rate cut expectations still need to be observed, as they could impact the subsequent rebound rhythm.