The outlook for the second Bitcoin remains bearish, with the overall technical picture under pressure. All short- and medium-term moving averages are trending downward, forming resistance. The rebound strength is very weak, and bullish funds are clearly fleeing, unable to establish a foothold above key resistance.



Combined with macro tightening expectations, market fund diversion, and token unlock selling pressure, the overall environment is more prone to decline than rise. Currently, the strategy is to sell on rebounds and observe if there are no opportunities. It's better to miss a trade than to make a mistake. Maintaining discipline is key to stable profits.

Trading suggestions: For aggressive traders, short at the current price of 2175; for conservative traders, short around 2190-2230, with a target of 2100-2070, and a break below 2030.
BTC7,49%
ETH9,52%
SOL9,85%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ShortingBeachfrontVillvip
· 2h ago
Show your position so I can see if you're shorting.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)