69897173914 Evening Viewpoint:
Do you think the big coin has finished dropping after this wave in the morning? I believe the big coin has not finished dropping; it's just a natural rebound during the decline and there will be a second test.
The probability of the market directly V-rebounding is too low; don’t hold any fantasies about how it drops and how it rises again; dreams have everything.
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Talking with images: The two low points indicated by the white arrows on the hourly chart of the big coin, does it mean the big coin is going to perform a double-bottom test?
I think not, don’t be misled by the false movements of the big coin. If the big coin tests the previous low again without breaking it, there might be a rebound; if it breaks the previous low, it will go lower to find support.
Break through 94595 with volume to chase long on the right side, if 94401 breaks down with volume and can't reclaim, then chase short on the right side, pay attention to the changes in volume.
The big coin must stabilize above 94794 on the hourly chart to look upwards at 95172-95717; if it can't go up, it will keep consolidating here.
On the 4-hour chart, if 94002 is broken again, directly look at the lower target positions 92985-91656! Then this wave of rise will be declared over.
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Continuing to look at the chart: Fibonacci on the hourly chart of the big coin. The big coin started dropping in the morning and has been consolidating all afternoon without breaking the Fibonacci 23.6 level.
You say the big coin is very strong, but I don't see how strong it is. If the big coin were truly strong, the morning's drop would have perfectly tested the 93500 support, rebounding only 1200 dollars and unable to go higher?
Is this what you call the big coin being strong? Look back at the big coin's historical strong phases when it hit support and rebounded; it would directly bounce to the Fibonacci 38.2 and 50 levels, and if it was stronger, it would directly hit 61.8 and then undergo a second test. Just look at the current big coin; I don’t need to say more! If you can understand it, then you can see through it; if you can’t understand it, then you really can’t understand it. When can the big coin rebound to the 50 level, I will consider the big coin to be strong. Manage your stop losses well, and that’s it.