The price is falling recently, and the low point record is constantly refreshing. The long/short ratio of the BTC Contract is 0.78, and the short position is dominant. Technically, the 4-hour line shows an obvious downward trend; the Bollinger Band is narrowing downwards; KDJ and RSI are turning downwards. Looking at the 1-hour line, the MA5 line and the MA10 line are entwined. The shorts continue to increase volume, and the bulls are weak now. The K-line has a downward trend, but the trend is not that obvious.
We will have to wait and see at the moment, the trend will be more clear at night. Wait patiently for opportunities to short at high prices. The resistance is 33,000 USDT and the support is 31,000 USDT.
We will have to wait and see at the moment, the trend will be more clear at night. Wait patiently for opportunities to short at high prices. The resistance is 33,000 USDT and the support is 31,000 USDT.