3.30 Double Bottom Public Thinking


Bollinger Bands: Price is moving within the lower to middle band, with the band widening downward. The middle band acts as strong resistance, and the rebound touches the middle band before encountering resistance and falling back.
MACD: The indicator is below the zero line, with a continued death cross pattern. The green bars are expanding, indicating that bearish momentum has not significantly weakened.
Volume Characteristics: During the rebound phase, volume is shrinking; during the decline phase, volume is increasing. This suggests that the bulls lack sufficient support, and the selling pressure from bears is dominant.
Double Bottom: A rebound to 2020-2040 can be used to establish short positions, with the first target at 1950 and the second target at 1920.
$BTC $GT $ETH #比特币震荡走弱 #美联储加息预期再起
BTC1.59%
GT0.76%
ETH2.75%
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