Next week's trading opportunity: Multiple signals for BTC have emerged, with both the main force and indicators favoring this direction
BTC has multiple positive signals in terms of funds, technology, and sentiment, and may start an upward trend next week.
① Funds: CEX whales bought $18 million worth of BTC spot at $38,500-$40,000.
② Technology: BTC price has crossed the 4-hour MA120, indicating a bullish trend.
③ Sentiment: The ratio of long to short positions is continuously decreasing, suggesting that retail investors are shorting while large holders are going long (Aicoin).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
Trending news
MoreCrypto prices
More
