As a small retail investor, I really don't want to take sides in being bullish or bearish. Technical analysis is important, but I believe in a simple logic - after a sharp fall, there will always be a rebound, and after a strong rise, there will inevitably be a pause.
To be honest, the monthly chart looks quite bad. In simple and straightforward terms: the MACD is already stuck in the oversold zone, with a death cross right there. At this time, panic sentiment and technical signals often collide to create some opportunities. Of course, a rebound does not equal a reversal; the depth of this adjustment still needs to be observed.
In addition to $BTC, $AR and $SOL have also shown noteworthy trends recently, with strong market correlation. Be patient and wait for signals.
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MoneyBurnerSociety
· 12h ago
It's the old routine of the death cross in the oversold zone again; is this time really different? I bet five dimes it's the same.
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CountdownToBroke
· 12h ago
Oversold for so long and still falling? I really can't hold on any longer, a Rebound could come at any moment, just afraid it will be another false breakouts.
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MemeEchoer
· 12h ago
Oversold and still falling, is this really the bottom? I don't really believe it, it feels like there's still another round of selling to go.
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TokenDustCollector
· 13h ago
The oversold zone is almost at the bottom, but we still need to see if the rebound can hold above; just mentioning the MACD death cross is not enough.
#ETH走势分析 Bitcoin还要继续 fall?接下来究竟往哪走?
As a small retail investor, I really don't want to take sides in being bullish or bearish. Technical analysis is important, but I believe in a simple logic - after a sharp fall, there will always be a rebound, and after a strong rise, there will inevitably be a pause.
To be honest, the monthly chart looks quite bad. In simple and straightforward terms: the MACD is already stuck in the oversold zone, with a death cross right there. At this time, panic sentiment and technical signals often collide to create some opportunities. Of course, a rebound does not equal a reversal; the depth of this adjustment still needs to be observed.
In addition to $BTC, $AR and $SOL have also shown noteworthy trends recently, with strong market correlation. Be patient and wait for signals.