JiaMiYing: Bitcoin price correction confirmed, the market outlook may be volatile and rising
Twitter KOL JiaMiYing: BTC collected a spindle yesterday with light trading volume. The long-short ratio is still low, which is conducive to short-term trends. The current price is located near the 60-day moving average and is in a shock adjustment stage in the short term. For BTC, as long as the price does not fall below 63100 and 64200, the adjustment is within the normal retracement confirmation range. It may choose to fluctuate upward after adjustments in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
White House stablecoin yield meeting makes progress, banks consider reward exemptions for the first time
U.S. stocks closed with the crypto sector declining, Bitmine (BMNR) fell 6.99%
Robinhood CEO believes prediction markets are entering a "supercycle"
Trending news
MoreBoeing delivered 46 aircraft in January, marking the third highest record for the same period in history.
At the opening of the morning session, major domestic futures contracts showed mixed performance. Shanghai nickel and propylene rose over 2%, while rubber, TSR 20, liquefied petroleum gas, low-sulfur fuel oil, and Shanghai tin increased by more than 1%. Fuel oil and caustic soda were up nearly 1%. On the downside, polysilicon fell nearly 2%, while alumina, Shanghai silver, and glass dropped over 1%, and palm oil was down nearly 1%.
Crypto prices
More
