The MACD divergence on the Bitcoin daily chart is still playing out, RSI has been falling from the overbought zone, and trading volume is gradually shrinking along with the rebound. The simultaneous appearance of these three signals indicates that a short-term correction may be imminent.



From a price perspective, 86,500 is the lower boundary of this recent oscillation, which also corresponds to the 4-hour MA60 and a previous low point, forming significant technical support. If this level cannot hold, there is a high probability that the price will continue to decline, with the 85,000 integer level becoming the next key support.

Trading strategy:
Bitcoin can be shorted in the 89,000-88,500 range, targeting 86,500.
Ethereum can be positioned in the 2,990-2,950 range, aiming for 2,860.

#数字资产市场动态 $BTC $DCR
BTC-0,18%
ETH-0,6%
DCR12,66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
BloodInStreetsvip
· 4h ago
It's the same old story again. Can the 86,500 defense line hold? Honestly, I don't believe it. Last time I said this, the price was cut in half, and those who cut their losses regretted it.
View OriginalReply0
LeverageAddictvip
· 8h ago
If we can't hold 86500, we'll just eat noodles directly. This wave of top divergence is indeed a bit fierce.
View OriginalReply0
OnchainArchaeologistvip
· 8h ago
Top divergence + RSI decline + shrinking volume — this combination is definitely telling a story... If the 86,500 level is broken, you really need to be cautious.
View OriginalReply0
BrokenYieldvip
· 8h ago
macd divergence + rsi dump + volume death spiral... yeah, the technicals are basically screaming capitulation. seen this movie before, doesn't usually end well for the longs lmao
Reply0
GweiTooHighvip
· 8h ago
Another divergence again, can we finally make a move this time, brothers?
View OriginalReply0
GasWaster69vip
· 8h ago
Breaking 86,500 is the real correction. I'm not confident in these supports now; it feels like we need to drop another wave.
View OriginalReply0
ETHReserveBankvip
· 8h ago
Here comes another bullish divergence, I'm tired of this routine haha
View OriginalReply0
SneakyFlashloanvip
· 8h ago
All three signals appear simultaneously. This correction might be here to stay; whether 86500 can hold depends on future developments.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)