$BTC Yesterday, we talked about the major level breaking through the support for the first time. The trend has established a downward trend, and there will still be a pullback. After the white plate's fluctuations, it exerted force at night, dropping directly to 125000, with a drop of 2700 points, and the low point is also the low point of the previous day’s energy bar. As long as the support is not broken, there will be a slight rebound, and a short position can still gain 500 points. Therefore, when the trend comes, do not think it cannot go down; just follow the trend as long as it hasn’t changed.

From the overall trend structure, after the major level broke the middle Bollinger band support for three days, the trend further weakened. Although it hasn’t broken the previous low point support, various moving averages on the small level are still indicating weakness, so the downward trend continues, and a larger level will also break downwards, leading to a larger correction. Therefore, the pullback has not yet finished, and we should continue to follow the trend on the rebound.

In the afternoon, a direct drop around 113800 to 114000, looking at the area near 111200. #BTC