78444215098 Signal Alert 🔴✨️✨️✨️

A major market signal is coming! The classic tweezer top candlestick pattern has just formed on the 4-hour chart of $BTC. Traders, this signal should not be underestimated!

For those who are new to cryptocurrency investment, the tweezer top signal often indicates a weakening trend. After a strong rise, a bearish reversal is likely to follow.

Currently, the perpetual price of BTCUSDT is 104,840.2, up 1.54% from before, but we can observe some warning signs from the market details:

👉 A sharp candlestick rejection near 105,999 USDT indicates strong resistance above.

👉 The appearance of a large red candlestick suggests that the bullish strength in the market is beginning to weaken.

👉 The Relative Strength Index (RSI) has started to cool down from a peak of 53.47, which is usually a signal of declining market enthusiasm.

👉 A surge in top trading volume is clearly a signal for profit-taking! Many investors choose to cash out at this point, indicating that market divergence is increasing.

If the low of this pattern is confirmed when the next candlestick closes, the price is likely to drop to the 102,000 - 100,000 USDT range.

For the next course of action, aggressive day traders may consider shorting when the price breaks below 103,500 USDT. However, a more prudent approach would be to wait for confirmation of the price falling below 103,000 USDT before taking action. Regardless of the strategy, it is important to remain cautious and manage risks strictly, as market volatility is intensifying!

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