JiaMiYing
JiaMiYing|Mar 10, 2025 14:58
BTC: Both the weekly and daily levels have closed at a 'big bearish candlestick', with an increase in trading volume, indicating significant market selling pressure and bearish dominance. Overall, technically speaking, after hitting the bottom twice on the weekly chart, there may be a rebound in response to oversold, with the aim of breaking short positions. But a rebound does not mean a reversal, the strong pressure around $94000 is difficult to break. If unable to break through or officially enter a bear market; If you successfully stand firm, continue to shake and build the top. Madman believes that Bitcoin is likely to have reached its peak, and clearing positions in the event of a oversold rebound may be the best choice.
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