The pick-up last night was to scare away the unsteady investors among the bearish force. The market still has a falling trend. On the daily line, MFI continues to be in the overbought range. Big sell orders frequently appeared in the market, and the long/short ratio of the BTC Contract was 0.91. From a technical point of view, the 15-minute line shows an extremely obvious downward trend; the bears continue to increase their volume; the Bollinger Band opens downwards; MACD moves below the zero axis; KDJ and RSI turn heads down. The price may drop to 37,000 USDT this time.
The bearish trend is quite obvious and will last until this Friday. Add to current positions and wait to buy the dip during the night with light volume.
The bearish trend is quite obvious and will last until this Friday. Add to current positions and wait to buy the dip during the night with light volume.