#加密市场反弹 Bitcoin quickly fell back more than 2300 points after reaching 69999, with a long upper shadow on the daily chart, indicating heavy selling pressure near the 70,000 level. The 4-hour MACD histogram growth momentum is slowing, caution is needed for potential divergence between the price high and MACD indicator. The sharp rise was accompanied by significantly increased trading volume, consistent with the technical pattern of "volume expanding then pulling back." Currently, the decrease in volume and consolidation suggest market sentiment is becoming cautious, with bullish and bearish forces temporarily balanced. The key resistance zone is around 69,000-69,500; a breakout could challenge the psychological barrier of 69,999-70,000 again. Stronger resistance is at 71,500-72,000. Support below is at 67,600-67,800 (the morning low during the pullback), and if broken, attention should turn to 66,500-66,800 (yesterday's rebound zone) and the 65,000 integer level. Overall, the market is in a digestion phase after a violent surge. Trading strategies should focus on buying the dips and selling the rallies, strictly controlling positions, and avoiding chasing highs or selling lows!
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CryptoSocietyOfRhinoBrotherIn
· 3h ago
Volatility is an opportunity 📊
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CryptoSocietyOfRhinoBrotherIn
· 3h ago
Wishing you great wealth in the Year of the Horse 🐴
#加密市场反弹 Bitcoin quickly fell back more than 2300 points after reaching 69999, with a long upper shadow on the daily chart, indicating heavy selling pressure near the 70,000 level. The 4-hour MACD histogram growth momentum is slowing, caution is needed for potential divergence between the price high and MACD indicator. The sharp rise was accompanied by significantly increased trading volume, consistent with the technical pattern of "volume expanding then pulling back." Currently, the decrease in volume and consolidation suggest market sentiment is becoming cautious, with bullish and bearish forces temporarily balanced. The key resistance zone is around 69,000-69,500; a breakout could challenge the psychological barrier of 69,999-70,000 again. Stronger resistance is at 71,500-72,000. Support below is at 67,600-67,800 (the morning low during the pullback), and if broken, attention should turn to 66,500-66,800 (yesterday's rebound zone) and the 65,000 integer level. Overall, the market is in a digestion phase after a violent surge. Trading strategies should focus on buying the dips and selling the rallies, strictly controlling positions, and avoiding chasing highs or selling lows!