1.12 Monday Morning Outlook



From the current chart of Bitcoin, the MACD green histogram is shortening and turning red, indicating that the selling pressure is initially easing. However, the trading volume has not significantly increased, and the market is in a consolidation phase forming a bottom. After the consolidation ends, a rebound is expected. It is recommended to focus on important support levels for positioning.

Morning trading suggestion: mainly buy on dips

Bitcoin: buy within the 91000-90500 range, aiming for around 93000

For aggressive traders, enter in batches and set proper defensive positions. #Gate广场创作者新春激励 $BTC
BTC1,56%
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