Loading...
BTC may fall under pressure in the short term, focus on key support at 124500
--
Member indicators show that the current candlestick is in the form of a black triad, with MACD dead cross and KDJ diverging downward, strongly indicating that short-term downward momentum is being released. In addition, trading volume has shrunk to recent lows and market activity has decreased, further confirming the increase in downside risks. From the distribution of chips, the area around 124500 is an important support level. If it falls below this level, the price may accelerate towards 123800. At present, the price is still above EMA24/52, but the upward trend is facing challenges. Suggest paying attention to the gains and losses of 124500, if it falls below, it will be short-term bearish. Open a membership, get accurate buying and selling points and real-time main trends, seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.
