Triple top pattern, Bitcoin has declined as expected!
Yesterday I posted a reminder that a big drop doesn't necessarily mean a big rise; more likely, it will be a wide-range consolidation. I also shared a tutorial video explaining the current structural trend, including the range of the consolidation zone. You can check out my post from yesterday for details! Yesterday, those who went long around 68,000 are now hanging on the tree again, entering the hold and unwind mode! #当前行情抄底还是观望? #白宫稳定币收益讨论会议 #BTC #ETH #BTC行情分析 $BTC $ETH
Will there be a sharp rise after a sharp decline? Not necessarily. You can refer to Chart 1, which shows the trend after the crash on October 11th, when the price was fluctuating widely around 16,000 points! Chart 2 shows the current trend, which also has a high probability of experiencing a wide fluctuation range, roughly between 60,000 and 72,000! Moreover, it has been tested several times near 72,000, and there is a clear sign of resistance. So, can we consider positioning around this range? #当前行情抄底还是观望? #比特币反弹 #BTC #ETH #我在Gate广场过新年 $BTC $ETH $SOL
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HighAmbition
· 3h ago
thank you for information about crypto
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BigMingBrotherInThe
· 3h ago
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Triple top pattern, Bitcoin has declined as expected!
Yesterday I posted a reminder that a big drop doesn't necessarily mean a big rise; more likely, it will be a wide-range consolidation. I also shared a tutorial video explaining the current structural trend, including the range of the consolidation zone. You can check out my post from yesterday for details!
Yesterday, those who went long around 68,000 are now hanging on the tree again, entering the hold and unwind mode!
#当前行情抄底还是观望? #白宫稳定币收益讨论会议 #BTC #ETH #BTC行情分析 $BTC $ETH
Not necessarily. You can refer to Chart 1, which shows the trend after the crash on October 11th, when the price was fluctuating widely around 16,000 points!
Chart 2 shows the current trend, which also has a high probability of experiencing a wide fluctuation range, roughly between 60,000 and 72,000!
Moreover, it has been tested several times near 72,000, and there is a clear sign of resistance. So, can we consider positioning around this range?
#当前行情抄底还是观望? #比特币反弹 #BTC #ETH #我在Gate广场过新年 $BTC $ETH $SOL