#我在广场发首帖 BTC Trend and Current Status


BTC has fallen from the high of 126,193 and is currently fluctuating around 90,130, indicating a mid-term correction phase (30-day decline of -11.10%, 90-day decline of -21.78%).

2. Key Support and Resistance

- Resistance Levels: The short-term resistance is the oscillation platform above (approximately around 100,349), with strong resistance at the previous high of 126,193;
- Support Levels: The current price around 90,130 provides short-term support, with strong support at the previous low of 74,505.6.

3. Volume and Sentiment

Trading volume (VOL) is at a recent low, indicating that the current battle between bulls and bears is not intense, and the market is in a "wait-and-see and gathering strength" state; the order book shows sellers account for 64.16%, with short-term selling pressure slightly larger.

Follow-up points to watch: If the price can hold above 90,000, there might be a rebound testing the 100,000 resistance; if it breaks below 90,000, it could further decline to previous support levels.
BTC-0.91%
View Original
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
0/400
No comments
  • 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)