Bitcoin neckline broken, can a pullback be initiated?

Note the effectiveness of support and resistance switching positions

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Currently around 97300, a small double top has formed, with the neckline around 63000. If it breaks, it may initiate a pullback, but special attention should be paid to whether the previous resistance at 95400 converts into effective support. If there is significant support here, you can protect your cost if you have short positions. A more prudent approach is still the original plan: enter on the right side after breaking 95400.

Our long positions that broke above 95400 yesterday had a maximum floating profit of 2000 points, always 1000 points away from the target of 3000 points, but it is still better than holding short positions. This is considered a significant profit for many...

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