Next week's trading opportunity: Multiple signals for BTC have emerged, with both the main force and indicators favoring this direction
Aicoin2024/01/28 11:26
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).
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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.
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