Big cake $BTC , weekly level top pattern, last Monday's bearish candle had increased volume, and the weekly MACD has crossed down and dead cross already.
Yesterday's spike low was at 110400+, and I believe this is a very critical position. If it breaks down again, the weekly line will directly run to the previous consolidation area.
The low and high points for next week are synchronously elevated, which also means that the possibility of attacking 118-12 this period is becoming increasingly large. It is currently about to break down, but there is still hope.
Looking at the four-hour chart, yesterday's spike position is the previous rising position, which has support. The intraday support is in the 11.1W-11.15W range, with pressure at 11.14W.
