Matrixport: Based on historical data, Bitcoin is expected to rebound after a short sell

2024-06-26 16:47:21

ChainCatcher news, Matrixport released a report stating that historically, a rebound is expected after shorting Bitcoin. The Relative Strength Index (RSI) has reached its lowest level since last August, when Bitcoin fell by 10% due to factors such as changes in the Chinese real estate market, and at that time, the trading price of Bitcoin was close to $25,000.

source

warnning

Risk warning

Related tags

Matrixport Bitcoin short selling rebound Relative Strength Index (RSI)

Related reading

CleanSpark, BitFuFu, and Canaan Technology's Bitcoin production in July decreased by approximately 5%, 10%, and 28% month-on-month, respectively

2026-08-17 23:36

Analysis: Bitcoin exchange balances have risen to the highest level since June 15, effectively easing supply constraints

2026-08-17 23:17

Data: Short-term Bitcoin holders are at a loss of 6%, pressure exists but a capitulation sell-off has not yet occurred

2026-08-17 18:16

Data: Capital rotation ignores Bitcoin, on-chain support structure continues to weaken

2026-08-17 12:09

Related tags

Matrixport Bitcoin short selling rebound Relative Strength Index (RSI)

app_icon

ChainCatcher Building the Web3 world with innovations.