BitOfferEN

the short term movment is pessimistic

HTX:BTCUSDT   Bitcoin / Tether USD
The market remained a weak shock as the change of the BTC market was few due to the battle between longs and shorts is likely to have an ending, which means the market will have something happen soon. As the moving averages above indicated a shorts signal, the short term movement is pessimistic. The daily MACD presented that the shorts were the main force. In the 1-hour chart, BTC remained sideways, and the buying market was weakened, once investors started selling, the market would plunge. The short term market shocked from $4,800 to $6,000, if the market goes back to the low level and does not break the level of $4,800, holding small positions to Long and stop-loss at $4,750 is available.

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