From the market perspective, the price has broken through the middle track position and is testing the key support below. Technically, the Bollinger Bands are clearly narrowing downwards, with short-term bears in control.
You need to keep a close eye on the 84325 position. If it cannot be held, there may be a larger retracement space. At this stage, it is relatively safer to set up short positions on the highs.
In terms of operation, consider looking for entry opportunities in the range of 87000 to 87400, with a target initially around 85500. Of course, risk control must be well managed; when market sentiment is highly volatile, strict stop-loss is the key.
On a macro level, it is also important to pay attention to the fact that the global market's risk sentiment is currently having a direct impact on crypto assets.
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DeFiVeteran
· 12-02 02:09
It crashed again, can this 84325 really hold? I'm really tired... The short order is safe, but if it rebounds this time, it will hurt.
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CounterIndicator
· 12-02 01:51
If 84325 breaks, we really need to be prepared, this pullback doesn't feel so simple.
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LayerZeroHero
· 12-02 01:49
I have tested the level of 84325 several times, and it has proven to be a key moment for technical validation every time it falls to this point. I have seen the phenomenon of the Bollinger Bands narrowing downwards on Ethereum before, and there is indeed still room for movement afterwards. Risk control cannot be vague; if the stop loss is not set properly, I will have to write a long article during the review.
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EntryPositionAnalyst
· 12-02 01:41
84325 broke but we still have to remain bearish, this drop feels a bit strong.
#数字货币市场回调 Morning analysis of $BTC trend
From the market perspective, the price has broken through the middle track position and is testing the key support below. Technically, the Bollinger Bands are clearly narrowing downwards, with short-term bears in control.
You need to keep a close eye on the 84325 position. If it cannot be held, there may be a larger retracement space. At this stage, it is relatively safer to set up short positions on the highs.
In terms of operation, consider looking for entry opportunities in the range of 87000 to 87400, with a target initially around 85500. Of course, risk control must be well managed; when market sentiment is highly volatile, strict stop-loss is the key.
On a macro level, it is also important to pay attention to the fact that the global market's risk sentiment is currently having a direct impact on crypto assets.