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The BTC trend is becoming increasingly absurd, weakening on its own and unable to stop; it truly confirms the saying that there is no lowest, only lower, and it seems to be heading straight towards the 7xxxx mark. From the four-hour level, the Bollinger Bands are diverging downwards, and the market is trapped, adhering to the lower band and moving downwards, with only the 80000 level left to provide some resistance. The price has shown higher trade volumes, resulting in four consecutive bearish candles, and the MACD is forming a divergence. This strong one-sided market trend will inevitably continue. The daily chart structure also shows weakness, consistently unable to fully break above the moving averages. A slight rebound may be possible, but in the current overall trend, it's best to follow the high position in the market. BTC: Sell at 82200~82500, looking down to 80000.
Auntie: 1830~1850 short, looking down at 1720. #BTC #ETH #GateioInto11