January 28 Market Analysis: Exercise caution with high-altitude positions and pay attention to the strength of the hourly bullish momentum. #


At this time, the market is under pressure at the 4-hour level (89600), but what should be noted is that the upper band has already broken through the range. Meanwhile, the market is showing small bullish signals on the 15-minute, 30-minute, and 1-hour levels. If the market quickly breaks through 89600 and moves into a one-sided rally, all current bears will turn into bullish trends. The market has not moved upward and is instead declining, oscillating between 89600-86090. The key point to watch is the potential reversal of the range pattern. Currently, the bottom rebound support level is at 88491; a break below this level warrants attention for adjustment. #比特币
BTC0.57%
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
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)