2026-03-12 10:30:53

BTC afternoon began rallying from around 69100 level, currently attempting to break through the 70000 mark. Our early morning short perfectly reached target, closing 1100➕40 points.

From the one-hour chart perspective, the K-line five consecutive positive candles broke through the Bollinger Band middle band, with the Bollinger Band narrowing. MA5 and MA10 moving averages are in golden cross formation. Short-term momentum histogram shows volume contraction.
From the four-hour chart perspective, the K-line stabilized at the Bollinger Band middle band, with the Bollinger Band narrowing. MA moving average golden cross trend.

Tonight's short: around 69800-69300 levels for shorts, targeting 70800-71800 zone
Tonight's short: around 2040-2020 levels for shorts, targeting 2090-2120 zone
$BTC $ETH

BTC0,27%

ETH1,07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.