#FTX赔付

BTC has pulled back after breaking the trendline. The subsequent movement is likely to be in the form of a wave 3 oscillating downwards. Currently, it is judged that this wave of market activity has been confirmed to end, and the pullback has just begun.

Between approximately 10-10.4w, this area was also the previous platform zone, where a short-term bottom might appear, followed by a rebound, and then a daily level bearish divergence decline.

Personally, I believe that betting on a rebound is no longer meaningful; if there is indeed a rebound, it would only serve to find a better selling or shorting opportunity. If it breaks below the support zone, we will need to look for short-term support between 9.4-9.7.