7.14 BTC



On the 4-hour timeframe, all EMA moving averages are trending downward, forming a bearish pattern. Any upward bounce that just touches any of the moving averages will act as resistance, and the rebound simply can’t build momentum. The short-, medium-, and long-term directions are all synchronized downward. This small uptick right now is merely a corrective pause on the way down, not a reversal signal. $BTC $EVAA

Short around 62,800–63,300, target 61,500, 60,000
$HYPE #伊朗宣布关闭霍尔木兹海峡
BTC2.28%
EVAA61.84%
HYPE1.85%
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ChecksumSmile
· 9h ago
EMA short positions look really ugly; any rebound is basically giving the shorts fuel.
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PerpPaperTiger
· 9h ago
Once this news about the Strait of Hormuz comes out, both bulls and bears are going to be on edge.
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GasFeesAfterTheRain
· 10h ago
Short from 62,800 down to 60,000—where should the stop-loss go? If it breaks 63,500, do we need to bail?
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