2026-01-18 15:28:00

Bitcoin's reaction near the micro support level is currently not clear enough. From a technical perspective, there are no convincing signs of a bullish reversal at the moment. Before that, the price may need to consolidate further and build momentum. Once this phase is complete, the bulls will have the opportunity to initiate a new round of upward attempts. Currently, maintain observation, focus on the validity of the support level, and monitor the trading volume.

BTC3,32%

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.

5 Likes

Reward
5
6
Repost
Share

Comment

0/400

BearMarketNoodler

· 01-21 15:20

Consolidating and building momentum, this move isn't as quick as expected. Trading volume is the real boss; we need to see if it cooperates.

View OriginalReply0

ThesisInvestor

· 01-18 15:57

The support level hasn't broken, but there's no sign of a turnaround... We're just waiting, and days of sideways consolidation are the hardest to endure.

View OriginalReply0

consensus_whisperer