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At around 70k, if the daily midline here doesn't break down, there's still a possibility of reaching another high point above.
In the previous round, 94k pulled back to the daily midline and 50-day moving average for support, then reached a high of 97k before declining;
In this round, 76k pulled back to the daily midline and 50-day moving average for support, ....... ( Do you think there's a possibility of reaching another high point above? (On the premise that the daily line holds support) $BTC
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Yesterday, support was found near 69K, which was the first rebound from the 76K decline. Currently, the rebound strength is weak, with the rebound looking at 71K-72K, then continuing to decline.
The blue support line below—if touched again, I'm afraid it may not hold. The previous 4 times it touched this trend line (69K), and the more times it's touched, the weaker the support becomes.
If 69K breaks, watch for 66K and 63K below. If 69K breaks, we can basically consider 96K as the top of this decline phase.
For aggressive shorting, consider 71K-71.5K; for conservative shorting, consider around
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The 15-minute level shows a bottoming formation. The support below looks at 2050-2080, which is the previous starting point for the rise and also the daily midline. You can try light long positions here.
The resistance above is 2160. If it breaks through, look at 2230 and 2300. If it breaks 2230, it forms an inverse head and shoulders bottom. Shorting at 2300 would be more aggressive, targeting a 1:1 upside, and you need to open shorts above the previous high.
For aggressive shorting near 2160 (watch the market closely for entry), conservative shorting at 2230 and 2370$ETH
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GateUser-af5a03e1vip:
吉祥如意 🧧
日價格跌破73.7K後加速下跌,日線連續兩根陰線。在74K上方反覆提醒大家持有空單,不要恐慌,也不要做多;且上方形成了複合型頭肩底形態,4小時圖上方阻力位在73.5K至74.8K之間,可在此區域開空單,若突破則在77K附近開空;下方支撐位關注69.5K,若跌破則留意65.7K支撐,若後續跌破65.7K,則將空單目標調整為63K或58K。
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After the 2370 high broke out of a converging triangle, there was a downside breakout, but it remains stronger than the previous high;
On pullback, watch the support near 2070. If broken, look at the area near 1910. If 1910 breaks, the downside space will open up.
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