During the midnight hours, Bitcoin’s price action slows down, and the overall movement stays in a tight range around the 74,000 integer level. The current market structure shows a typical weak oscillation rhythm of “retesting support to stabilize, but lacking enough upside drive.” Neither bulls nor bears make any clear push; the range-bound sideways trading pattern is the most likely to wear traders’ patience down.



During the midnight hours, I clearly laid out a drop-and-retest idea for the 73,800-74,200 range. Come the morning, the market carried out the retest as expected—after the low touched the 73,700 area, it immediately began to rebound. For friends who have followed the strategy, you only need to stay patient and hold, and just wait for the market to move out. $BTC $ETH #Strategy上周购入13927枚比特币 ‌ ‌
BTC-0.61%
ETH-2.7%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin