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#数字货币市场回调 After touching the resistance zone of 365-372 today, it started to weaken. Several attempts to bounce back up were firmly suppressed by the barrier at 358-360. This kind of trend clearly indicates a high position turning bearish.
Look at the current position: it has dropped below the middle track of the daily line, and the 4-hour MA20 moving average is also pressing down from above. These two signals combined basically confirm that the short-term trend has switched from a rebound to a state of weakness again.
From a technical perspective, this turning signal is quite clear. If it continues to stay below the 358 position, there may be further room for a pullback.