#美SEC促进加密资产创新监管框架 watched the market all morning, and there are some subtle changes in the technical patterns.
Four-hour observation: The Bollinger Bands are opening downward, pressing the price, but the MACD is slowly climbing, and the bullish momentum bars are quietly increasing. The KDJ has already formed a death cross, and the curve is starting to turn down. Switching to the one-hour chart: the Bollinger Bands are opening upward, the MACD bars continue to rise, but bullish momentum is decreasing, and the KDJ is turning down again.
This kind of tug-of-war between bulls and bears makes it hard to grasp the short-term rhythm.
Here's a reference from Xinghe this morning:
$BTC can try a tentative short in the 90500-91000 range, with an initial target around 89400. If it breaks, look further down to 88400.
$ETH also keep an eye on the 3070-3100 resistance zone; for pullback expectations, look first at 3020, and in case of a deeper correction, possibly down to around 2990.
Remember, technical indicators are just auxiliary tools; real market conditions are always more complex than the charts. Position management is more important than predicting price points—don’t go all-in.
The US SEC has recently been shifting its stance on crypto regulation, so keep an eye on policy news as well. Market sentiment and regulatory developments often have a bigger short-term impact than technical patterns.
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BrokenRugs
· 13m ago
Technical analysis struggles to top short-term risk aversion
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SchrodingerWallet
· 12h ago
Still, might as well go all in.
View OriginalReply0
TopBuyerForever
· 12-09 14:57
I've been stuck holding losses for a long time.
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RugResistant
· 12-08 01:00
Short-term trading is not as good as buying the dip.
View OriginalReply0
GweiTooHigh
· 12-08 01:00
The bulls and bears are really struggling today.
View OriginalReply0
OnchainHolmes
· 12-08 00:53
Short-term long positions are easy to trade in this market.
#美SEC促进加密资产创新监管框架 watched the market all morning, and there are some subtle changes in the technical patterns.
Four-hour observation: The Bollinger Bands are opening downward, pressing the price, but the MACD is slowly climbing, and the bullish momentum bars are quietly increasing. The KDJ has already formed a death cross, and the curve is starting to turn down. Switching to the one-hour chart: the Bollinger Bands are opening upward, the MACD bars continue to rise, but bullish momentum is decreasing, and the KDJ is turning down again.
This kind of tug-of-war between bulls and bears makes it hard to grasp the short-term rhythm.
Here's a reference from Xinghe this morning:
$BTC can try a tentative short in the 90500-91000 range, with an initial target around 89400. If it breaks, look further down to 88400.
$ETH also keep an eye on the 3070-3100 resistance zone; for pullback expectations, look first at 3020, and in case of a deeper correction, possibly down to around 2990.
Remember, technical indicators are just auxiliary tools; real market conditions are always more complex than the charts. Position management is more important than predicting price points—don’t go all-in.
The US SEC has recently been shifting its stance on crypto regulation, so keep an eye on policy news as well. Market sentiment and regulatory developments often have a bigger short-term impact than technical patterns.