#BTC# 9.7 Morning Analysis


From the 1-hour candlestick chart, although BTC's current price is in a consolidation phase, the recent candlesticks have closed bullishly with the closing price above the opening price, indicating signs of a short-term bullish reversal. However, trading volume has decreased, and upward momentum is weakening, so attention should be paid to the subsequent volume support. If there is a significant breakout above the resistance level, an upward trend may be established.
Suggestion for Bitcoin: Buy around 110400, look at 111000~111600
Ethereum suggestion: Buy around 4280, look at 4320 to 4360 #Gate Alpha晒单挑战# #Gate上线Ondo专区现货交易#
BTC1.06%
ETH1.52%
ONDO2.96%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)