Post

DataHunter丨HuDong
DataHunter丨HuDong
Show original
$BTC Good evening, today's market has basically gone completely flat. Current price is 84,474, almost no movement in 24 hours, a slight increase of 0.06%. During the day, it slowly climbed back above 84,000 from the low of 82,874, reaching a high of 85,258, then slid back down—a typical low-volume consolidation, leaving the direction to next week. Looking at the 1-hour chart, the MA5 (84,563), MA10 (84,373), and MA20 (84,384) moving averages have completely converged, with the price moving back and forth among these lines. The Bollinger Bands have tightened to the extreme, upper band at 84,750, lower band at 84,018, with a bandwidth under $800. This extreme compression indicates a breakout is approaching, but there is no catalyst tonight to drive it. 82,874 is a recently tested bottom; this level was probed twice and pulled back, indicating there is capital supporting the bottom. However, the area from 85,000 to 85,258 above remains heavily resisted, with two failed attempts to break through. Nearly $16 billion in options expire tonight, and the main players will likely continue to grind at this level to shake out high-leverage floating positions. Those holding spot positions should continue to hold; there is no need to fuss during this sideways market. Those without positions should not rush—wait until liquidity returns next week and the direction becomes clear before making a move. In this kind of market, doing nothing is the best strategy. $BTC $ETH $ZEC #美联储重启加息,BTC为何仍有韧性? #财报观察员:好市多业绩超预期,美光接棒

Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more

Replies

No comments yet. Be the first to reply!