The current price is stabilizing near the support level of 118000, and after a pullback, it is expected to rise again. The RSI shows oversold conditions, and the EMA20 and EMA50 have formed a golden cross, indicating that the trend remains bullish. The operation suggestion is to buy near the pullback at 118600, set the stop loss at 118000, and target 120000, continuing to look higher after a breakout. Seize the pullback opportunity, operate steadily, and avoid chasing highs!
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.
The rebound opportunity for BTC has arrived!
The current price is stabilizing near the support level of 118000, and after a pullback, it is expected to rise again.
The RSI shows oversold conditions, and the EMA20 and EMA50 have formed a golden cross, indicating that the trend remains bullish.
The operation suggestion is to buy near the pullback at 118600, set the stop loss at 118000, and target 120000, continuing to look higher after a breakout. Seize the pullback opportunity, operate steadily, and avoid chasing highs!