The upward movement in the early morning has temporarily paused, entering a period of consolidation or correction in the short term. 4-hour squeeze: The MACD has decreased in volume three times, and the price recorded a long upper shadow near 12400, highlighting significant resistance at this level; coupled with the delay in the release of non-farm data, market sentiment is becoming cautious, and upward momentum is insufficient. 1 hour to view the market: In the MACD indicator, the DIF and DEA show a dead cross trend, and the MACD histogram is expanding negatively, clearly indicating a decrease in short-term bullish momentum and the activation of bearish strength. Although there was an increase in volume when prices surged, the momentum did not follow through during the pullback, reflecting a weakening of the bulls' willingness to chase higher prices, and selling pressure in the market has begun to emerge. Personal Operation Suggestions Enter the range of 122500-122800, with the first target at 118500$BTC #非农
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The big pancake 10.4 evening operation request:
The upward movement in the early morning has temporarily paused, entering a period of consolidation or correction in the short term.
4-hour squeeze:
The MACD has decreased in volume three times, and the price recorded a long upper shadow near 12400, highlighting significant resistance at this level; coupled with the delay in the release of non-farm data, market sentiment is becoming cautious, and upward momentum is insufficient.
1 hour to view the market:
In the MACD indicator, the DIF and DEA show a dead cross trend, and the MACD histogram is expanding negatively, clearly indicating a decrease in short-term bullish momentum and the activation of bearish strength.
Although there was an increase in volume when prices surged, the momentum did not follow through during the pullback, reflecting a weakening of the bulls' willingness to chase higher prices, and selling pressure in the market has begun to emerge.
Personal Operation Suggestions
Enter the range of 122500-122800, with the first target at 118500$BTC #非农