Post
rainiee
$BTC $ETH
The bearish trend is still intact.
After opening around 0.16127, price failed to rebound and dropped straight to 0.123, giving the short position a strong profit.
More importantly, the downside structure remains clean: lower highs, weak rebounds, and repeated tests of 0.1233. MACD is still below zero, showing bears remain in control.
That said, KDJ is already deeply oversold, so chasing shorts at these lows isn't attractive anymore. I’d rather protect profits and wait.
If 0.12
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$81,820.3+0.01%
ETH/USDTEthereum
$2,479.42+0.02%
ZEC/USDTZcash
$1,185.65+0.06%
Today’s market buzz
1#SepFOMCMinutesHikeWatch
2#BTCETFFlowParadox
3#OKXToken2049CheckIn
