After the US administration’s 90 -day recipe pause, the eyes turned to Bitcoin again. But it is too early to say that the market is relieved. The leading analysis company Swissblock points out that Bitcoin still gives high risk signals despite the rise attempts. The company emphasizes that the technical indicators should be cautious because of the fact that the technical indicators are not clear and that a strong support floor is not formed.
Risk indicators are still high
According to Swissblock’s assessments, market risk levels need to be further reduced in order to talk about the bottom formation in Bitcoin. The company analyzes the risk level based on price movements, in -chain data and volume metrics. It is currently stated that the risk is under control but has not yet decreased to a low level.
Although the price increase in recent days has created optimism in investors, there is no strong technical basis for the permanence of this rise. According to Swissblock, the risks must be regressed and volume -supported purchases must be observed before the rise appearance occurs. Otherwise, even if the price seems upstairs, there may be an unfounded movement.
This table necessitates a careful monitoring process for investors. According to market analysis, short -term upward moves may not mean that the main trend has changed.
Support of $ 80,000 plays a critical role
Analysts think that Bitcoin should technically form a strong support floor of around $ 80,000 to technically enter a new rise trend. Swissblock says that if the protection of this level is protected and the downward pressure is broken, a more robust rise acceleration can be achieved. However, this level of support is tested in the current situation and the market direction is still not clear.
Swissblock, “Bitcoin should keep $ 80,000 and show power and volume to break down the downward jam,” the technical appearance is not yet fully positive. Although it has increased by 4.7 %in 24 hours, more clear signals are needed for the continuity of this increase.
For investors, movements above this level are very important. If support is not maintained, a downward correction wave can be triggered. Therefore, both technical indicators and volume profile should be closely monitored.
The tariff effect remained limited, market cautious
The US decision to pause the 90 -day recipe has created a slight softening in the market tension in the first place. However, this development does not mean that Bitcoin has found a new floor or a permanent upward trend has begun. Swissblock states that such macroeconomic moves have a limited impact on reducing market risk and that the market is in the natural fluctuation process.
Bitcoin is still in a “downtrend verme process and this decline phase has not yet been completed. Therefore, short -term positive movements should not mislead investors. Any leap that comes from the floor can potentially bring new sales prints.
According to experts, the most important element to determine the direction of the market is to protect technical levels and to support market confidence with volume. Otherwise, the market may be re -wavy and uncertain.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
