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Bitcoin Rebound Fails to Weaken Resistance Levels

时间:2024-03-20|浏览:189

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Looking at the current trend of Bitcoin, although there was a rebound in the early morning, it was still unable to weaken when it encountered resistance levels.

The bullish sentiment in the market has weakened significantly.

It seems that the buying power cannot be fully activated unless the price drops completely.

The overall market trend has not directly turned into a bear market. The inflow of OTC funds and the retention of on-market funds are both in a state of growth.

Why are funds growing and why are they waiting?

They're all waiting for a bargain-hunting opportunity.

The current buying power is weak. On the one hand, the key support level has not been triggered to activate buying volume.

On the other hand, we have to wait for the Federal Reserve’s interest rate decision and speech tonight.

热点:Bitcoin REBOUND TO

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