BTC daily chart shows volume-price divergence, the rebound is coming to an end!
1) Four-hour: Bullish momentum has weakened, bearish momentum has not strengthened, the bears are waiting for an opportunity; 2) The price may rebound to the 0.236 position of the descending channel, around 93,800, where it also reaches the upper dense trading area; 3) daily chart: The trading volume has decreased and shown a divergence between volume and price, indicating that the Rebound trend is coming to an end. 4) The amount of sell orders on the order book begins to accumulate.
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BTC daily chart shows volume-price divergence, the rebound is coming to an end!
1) Four-hour: Bullish momentum has weakened, bearish momentum has not strengthened, the bears are waiting for an opportunity;
2) The price may rebound to the 0.236 position of the descending channel, around 93,800, where it also reaches the upper dense trading area;
3) daily chart: The trading volume has decreased and shown a divergence between volume and price, indicating that the Rebound trend is coming to an end.
4) The amount of sell orders on the order book begins to accumulate.