BTC is at the top, filled with those waiting to take over! The whole chart looks shiny, full of trapped positions!
The daily line just smashed down a big bearish candlestick, coming down directly! The key is that the line before the smash closed tightly, with no lower shadow at all, indicating that the bulls have lost even the strength to struggle!
All these signals add up to one sentence: BTC is going to drop significantly!
I expect: Next, it will probably linger for another two to three days, maybe trying to touch 111,600 to test the resistance, while also confirming the position at 107,000.
Think about it: Does this trend now resemble the crash before 2021?
I feel like it’s almost carved from the same mold! With this momentum, we might be facing a massive drop ahead!
Follow me, and I will help you see the essence through the phenomenon, together we will navigate the bull and bear markets.
Intra-day focus: UNI ETH AXL BTC