Technical Indicators:


- Bollinger Bands (BOLL): The current price (1,913.25) is close to the lower band (1,813.02), indicating a potential oversold rebound.
- SAR Indicator: The current value is 1,820.14, with the price above the SAR indicator, suggesting short-term technical support.
- Bullish and Bearish Forces: Buy volume (B) accounts for 71%, sell volume (S) accounts for 29%, showing a short-term market bias towards the bulls, but this sentiment could reverse quickly.

Trading Risk Reminder:
- Funding Rate: The current funding rate is -0.0006%, indicating a bearish market bias. Long positions will need to pay a small fee to shorts.
- Set a Stop-Loss: When opening a long position, it is recommended to set the stop-loss below the recent key support levels at 1,820 (near the SAR indicator) or 1,813 (below the lower Bollinger Band).
- Light Position Testing: In the current downtrend, heavy positions are not recommended. Use small positions to test the market rebound strength first.
View Original
post-image
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
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)