As the weekend approaches and additional news sentiment impacts the market, today's trading activity remains relatively subdued, and the market trend is still quite stable. After an initial dip earlier, the overall price movement has maintained a narrow range of fluctuations without any significant volatility. We previously advised everyone to reduce positions and take profits, following the trend downward. Currently, the remaining positions are still being held, patiently waiting for further profit realization.



There is no need to over-interpret the current market; the overall trend remains clear, with only a slight slowdown in momentum. On the four-hour chart, the price is oscillating within the middle and lower bands of the Bollinger Bands, with no significant volume increase from either side. The market still needs time to gather strength. The fast and slow lines are converging and flattening below the zero line, indicating a potential minor correction in the short term. However, without volume support, the rebound's sustainability is limited. Therefore, the trading strategy this afternoon remains unchanged, favoring a cautious approach.

Bitcoin: Around 67,000, with a target of 65,000.
Altcoin: Around 2,080, with a target of 1,980. #稳定币争议升温 $BTC
BTC0,63%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin