Akke boy

Remember that there are only two types of animals that can climb to the top of the pyramid in this world: one is the eagle, and the other is the snail. For most ordinary people like us, it may well be the hard-working snail that strives upward. Although we do not know how far we are from success after persevering, patience and perseverance will shorten this distance to varying degrees. Although our actions are slow, we will never take a step back, after all, we are only one method away from success. I hope that every friend who finds their own investment not only has the ability to make money alone but also has a complete set of investment concepts, mindset, and skills, so that they can achieve lasting profits in the investment world.

BTC rebounded yesterday but did not break through the 118000 mark, instead, it was blocked at this position and could not rise for a long time. Yesterday, we shorted at a high position, and the overall result was quite good. Why is the market not breaking through now? It is more likely that this is a trap to lure more buyers, making everyone mistakenly believe that it is a high-level consolidation. Once the accumulation is complete, a fierce sell-off will come. This trend is just a personal opinion, and next, we will look at the technical chart.

On the four-hour technical chart, the price cannot stabilize and instead falls to form a double top pressure state. Looking at the Gann lines, the triangle chart has finished recovering upwards, and the price happens to be at the resistance position of the Bollinger upper band. Additionally, the fast and slow lines of the auxiliary indicators are about to converge downwards, and the bullish energy bars are gradually weakening. All signs indicate that the price will slightly rebound and then fall back. Therefore, we continue to look bearish for the day.

For the day, we can look bearish around the 117900-117700 area, targeting the 116000-115000 area in batches, and for the ultra-long term, the 107000 mark, which may require time to wait. Everyone's position is different, so arrange it reasonably according to your own situation #BTC☀ .

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