Bitcoin, after stabilizing at the 118000 line after a surge yesterday afternoon, has entered a phase of narrow fluctuations. Adjustments at the hourly level show considerable volatility in the morning, with a relatively full-bodied bearish candle appearing, and trading volume also showing an increase compared to previous periods, which may signal a short-term trend change. Although the price has shown a three consecutive bullish candlestick pattern at the four-hour level, both the amplitude and volume have shown a contraction, indicating insufficient bullish momentum. Coupled with the daily level analysis, the moving average resistance remains intact, correcting without a reversal, thus still in a weak retracement structure in the short term. Therefore, our outlook remains bearish for the morning session.
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#余币宝年化收益破24%# #以太坊交易量飙升#
Bitcoin, after stabilizing at the 118000 line after a surge yesterday afternoon, has entered a phase of narrow fluctuations. Adjustments at the hourly level show considerable volatility in the morning, with a relatively full-bodied bearish candle appearing, and trading volume also showing an increase compared to previous periods, which may signal a short-term trend change. Although the price has shown a three consecutive bullish candlestick pattern at the four-hour level, both the amplitude and volume have shown a contraction, indicating insufficient bullish momentum. Coupled with the daily level analysis, the moving average resistance remains intact, correcting without a reversal, thus still in a weak retracement structure in the short term. Therefore, our outlook remains bearish for the morning session.