BTC four-hour timeframe shows a clear bearish dominance, with short-term rebounds lacking strength.



In the MACD indicator, the DIF and DEA lines cross below the zero axis, with the bearish histograms continuously expanding, indicating accelerated bearish momentum; the EMA moving averages exhibit a multi-period bearish alignment, and the price has broken below the EMA7, EMA30, and EMA120 lines; the midline at 90500 forms a key resistance, with overall indicators leaning towards a bearish outlook.

Still expecting a drop to 87000.
BTC-0.58%
View Original
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
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)