Does anyone have any thoughts? 😁 More communication leads to learning.

Continue to share some personal views, if you think it's good, please give a thumbs up

First, look at chart one and chart two. From a 4-hour perspective, after touching the daily downtrend line and the 180-day moving average on the daily chart, there is a strong sell signal. The resistance line has been touched three times without a successful breakout, leading to a significant decline that destroys the 4-hour flag pattern.

Pay close attention to the price changes in the 835-840 range, as this area is a key resistance level. If it breaks below this range, it means that the major rebound from 760 to 890 has come to an end.

For trading advice, those holding short positions should consider reducing their positions in the 835-845 range. Those without positions can wait for a rebound to 86 to set up short positions; otherwise, wait for a break below 83 to enter.

Some people may ask, why not set up long positions at 840? Can’t we profit from both long and short? My answer is no, as we are below the major downtrend line, we can only short and not long.

Finally, I wish everyone to become wealthy soon, pay attention to risks, and seek likes. Exposure #加密市场回调 $BTC