Looking at $BTC's chart, it has already effectively broken below the key support at the 4-hour MA30, signaling a clear short-term bearish trend. The arrangement of MA5 and MA10 has also turned downward, indicating diminishing upward momentum. The daily MA60 remains flat, but the price is pressed below the moving average, suggesting that short-term resistance to a rebound is significant.
Tonight's outlook is very clear—mainly facing resistance during the rebound.
Specific trading strategies: - **Bitcoin rebound target**: Consider short positions or reducing holdings in the 88500-90000 range - **Support levels below**: 87000-86000
For more aggressive traders, entering in batches is possible, but be sure to set stop-losses to avoid being shaken out by small fluctuations. On the macro level, the Federal Reserve's repurchase agreement plans are still unfolding, and short-term volatility may continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
MechanicalMartel
· 10h ago
MA30 has all broken through, this time it's really a bit fierce... Be cautious of the rebound between 88,500-90,000, the room seems limited.
View OriginalReply0
DeepRabbitHole
· 10h ago
88500 is indeed a good shorting opportunity, but it feels like after the Fed's move, in the short term, we still need to see how the macro environment reacts. Don't just focus on the charts.
View OriginalReply0
LiquidationAlert
· 10h ago
88500, you're doing the same thing again. Last time, you said the same thing, and it directly shot up to 92000. Are you just repeatedly cutting?
View OriginalReply0
MEVSupportGroup
· 10h ago
88500 has been reached, the short positions have already entered, now it's just a matter of whether it can drop to 86000, feeling a bit uncertain...
View OriginalReply0
probably_nothing_anon
· 10h ago
88500-90000 this rebound is really easy to be crushed down, feels like I should wait a bit longer
#美联储回购协议计划 Monday Night Market Observation
Looking at $BTC's chart, it has already effectively broken below the key support at the 4-hour MA30, signaling a clear short-term bearish trend. The arrangement of MA5 and MA10 has also turned downward, indicating diminishing upward momentum. The daily MA60 remains flat, but the price is pressed below the moving average, suggesting that short-term resistance to a rebound is significant.
Tonight's outlook is very clear—mainly facing resistance during the rebound.
Specific trading strategies:
- **Bitcoin rebound target**: Consider short positions or reducing holdings in the 88500-90000 range
- **Support levels below**: 87000-86000
For more aggressive traders, entering in batches is possible, but be sure to set stop-losses to avoid being shaken out by small fluctuations. On the macro level, the Federal Reserve's repurchase agreement plans are still unfolding, and short-term volatility may continue.