BTC has shifted from the previous strong rebound market logic. So what is in front of us now? The EMA moving average has turned, overbought signals have appeared, and the key point is that the highs and lows are continuously decreasing—this is a typical bearish stance.
In this pattern, all your previous strategies are invalid. Mid-term holding, pullback support, moving average support... none of these can be relied upon. A change in approach is necessary.
Currently, there are only two options: one is for contract traders to look for opportunities to short when a rebound hits the structural resistance level combined with overbought signals; the other is for spot holders to stay patient and wait until the market fully forms a new pattern and the EMA converges and flattens before confirming the trend.
If you must choose an entry point, trying a long rebound around 2950 could be considered, with resistance above near 3000.
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SeeYouInFourYears
· 12h ago
That's right, this wave of EMA turning is really painful. My logic of catching the dip for a rebound has completely fallen apart.
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GasOptimizer
· 12h ago
The high and low points are decreasing. I just created a table for this data model, and the fit is pretty good. However, the cost-benefit ratio at the 2950 level... I calculated it, and the risk-reward seems a bit unbalanced.
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DustCollector
· 12h ago
Here comes the pump and dump again; I hear this same spiel every time the market turns.
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GasFeeCrier
· 12h ago
You're trying to cut my leeks again, this time switching to a short position? You said the same thing last time.
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ForeverBuyingDips
· 13h ago
Starting to tell stories again. A few days ago, they said the bottom had been reached, and now they're switching to a bearish stance. It's really fast.
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ser_ngmi
· 13h ago
Here comes the bearish talk again. Isn't the rebound from 2950 attractive enough? Do we really have to wait for the EMA to flatten again?
BTC has shifted from the previous strong rebound market logic. So what is in front of us now? The EMA moving average has turned, overbought signals have appeared, and the key point is that the highs and lows are continuously decreasing—this is a typical bearish stance.
In this pattern, all your previous strategies are invalid. Mid-term holding, pullback support, moving average support... none of these can be relied upon. A change in approach is necessary.
Currently, there are only two options: one is for contract traders to look for opportunities to short when a rebound hits the structural resistance level combined with overbought signals; the other is for spot holders to stay patient and wait until the market fully forms a new pattern and the EMA converges and flattens before confirming the trend.
If you must choose an entry point, trying a long rebound around 2950 could be considered, with resistance above near 3000.