#BTC $BTC
High-level consolidation returns to the next range after 20 days, starting a new round of consolidation and testing. This is a summary of B's actions within a month, but that's about it. If effective support can be obtained in the short term, it will give B a bright future; however, if it breaks below historical positions, a golden pit may likely appear. Changes in fundamentals will reduce the chances of significant pullbacks and large retracements.
E is stepping down, and the previous buying point barely rebounds to a completely bullish situation. After testing the small level 3450 area, it is relatively healthy, and even without a second test in the short term, it steps back to 37. As the lows are raised, it starts to further test the upper pressure levels. The biggest question now is this test:
Is the low appearing as LL+ and no LH appearing, then starting to decline, or is it a further rise breaking through the last golden pit before?
The opportunity left for S last time indeed wasn't held onto, and S's action line is just like a scumbag's words. After last week's analysis, it didn't even climb above the demarcation line and rolled straight down to the resting area. At this moment, it has just completed a short-term self-redemption, but can only go on while observing. If the overall market encounters any negative situation, S and its sector may likely initiate a downward movement first. Just like a scumbag after 25+: today's state is not good.