BTC weekly MACD death cross has been confirmed, currently leaning towards a consolidation adjustment similar to March 24 → August 24;
Currently, the adjustment level has been confirmed to expand, turning into an adjustment targeting the upward trend since 98.2k. If it breaks below the 108k position, the adjustment level will further confirm the expansion to target the upward trend since 74.5k. In other words, around the 108k position is likely to be the support level for the current adjustment.
A rebound during the day to the range of 113.6k-114.3k can be used to set up short positions, with targets sequentially at 112.5k, 111k, and 108k. #BNB创新高