BTC drops sharply after the US stock market opens, falling more than $1,000 in a single day, currently hovering around the 87873 level. From the 4-hour chart, the price is repeatedly testing near the 50-day moving average—this kind of position is prone to trigger a pullback. To be honest, the current trend is no longer difficult to interpret. The market is oscillating back and forth within this range, and perceptive traders can see the signs. The technical indicators are so obvious that it almost feels a bit boring. In the short term, the key is whether it can hold steady above this moving average.
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GweiTooHigh
· 10h ago
A thousand-dollar drop means nothing. I'm just waiting for it to break through or crash down; anyway, staying stuck here is pointless.
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fomo_fighter
· 10h ago
It's dropping again. We still have to keep holding that line.
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NotAFinancialAdvice
· 10h ago
It's the same old trick again, with moving averages repeatedly testing, so boring.
BTC drops sharply after the US stock market opens, falling more than $1,000 in a single day, currently hovering around the 87873 level. From the 4-hour chart, the price is repeatedly testing near the 50-day moving average—this kind of position is prone to trigger a pullback. To be honest, the current trend is no longer difficult to interpret. The market is oscillating back and forth within this range, and perceptive traders can see the signs. The technical indicators are so obvious that it almost feels a bit boring. In the short term, the key is whether it can hold steady above this moving average.