Tonight, will it be a blast in the Air Force, or a waterfall face wash?
The market initially plummeted to 11190, then sharply rebounded to 11750. The tug-of-war between bulls and bears is fast-paced, but this rebound seems strong yet is actually weak. The daily high remains lower, the Bollinger Bands are not open, and the structure still leans bearish.
After forming a W pattern on the four-hour chart, there has been a pressure pullback, and a series of consecutive bearish candles on the short term. The KDJ lines have converged and have now turned downward, with moving averages also beginning to exert pressure, indicating clear signs of weakening in the rebound.
Currently, the fluctuations are just a washout adjustment; don’t be misled by the rhythm. If volatility intensifies tonight, it is very likely to break down, directly shorting around 11700, targeting 11300. If that breaks, we will be looking at 110000. $BTC #比特币流动性危机 #特朗普加密新政 #特朗普允许401(k)投资加密货币