source avatar交易员张张子

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Good evening, everyone. Finally, it feels like a proper weekend. Bitcoin has stabilized near $60K after this pullback. Whether it moves up or continues to consolidate at last weekend’s low depends heavily on the $62K level. If price holds above $62K, it’s likely to start moving upward; if it fails to reach $62K, watch for a drop toward the prior low at $59K. If that level holds, consolidation will continue—and the longer it consolidates, the higher the probability of a strong upward move. After a stressful week, take some time to relax this weekend. For midday levels, keep watching: if the minor timeframe closes above the white line, a small rebound is likely. Only a breakout above the first resistance will signal further upside. Aggressive traders can consider going long on minor pullbacks tonight, with a stop below the prior low or a fixed stop-loss. For shorts, take light positions at the first resistance; at the second and third resistance levels, standard short positions are appropriate.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.