BTC long positions momentum is weakening, it is advisable to short at high levels during the day.
The four-hour cycle rebound is blocked by the middle track of the Bollinger Bands, with upper shadows revealing selling pressure and no breakthrough of the oscillation range. After consecutive gains in the one-hour period, momentum has exhausted, the middle Bollinger Band has shifted downwards forming resistance, and with the divergence of indicators, the bears are gradually dominating. The current price is stagnating at a key resistance level, long positions are weak, and a weak consolidation may continue in the short term #Gate广场圣诞送温暖 .
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BTC long positions momentum is weakening, it is advisable to short at high levels during the day.
The four-hour cycle rebound is blocked by the middle track of the Bollinger Bands, with upper shadows revealing selling pressure and no breakthrough of the oscillation range.
After consecutive gains in the one-hour period, momentum has exhausted, the middle Bollinger Band has shifted downwards forming resistance, and with the divergence of indicators, the bears are gradually dominating.
The current price is stagnating at a key resistance level, long positions are weak, and a weak consolidation may continue in the short term #Gate广场圣诞送温暖 .