15-minute Trend MA5 and MA10 are moving downward; Bollinger Bands are opening and moving downward; KDJ and RSI are both flat;
Day Trend Continue to maintain the downward trend; MA5 is moving downward and has crossed the MA10; Bollinger Bands are opening and moving downward; MACD runs below the zero axis;
Market Data The long/short ratio of BTC Futures is 41:100, and the shorts are dominant; The inflows of the top ten addresses are slightly higher than the outflows; Fear & Greed Index is at 16, indicating extreme panic;
Analysis The trend is very unclear; If an extreme market occurs, you can sell short at high prices; Currently, there is no firm basis for the BTC price to go up; Any price climbs now might simply be the market wanting to persuade investors into buying long.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.