$BTC Evening Viewpoint:
Looking at the market situation, it seems like it's going to get tough again! Can it really just let everyone have a couple of days of fun and that's it? That seems a bit too short!
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Talking with charts: The two doji candlesticks circled in white on the hourly chart need to be resolved; otherwise, it could be very dangerous. The only solution is to break through these two doji candlesticks.
The 4 positions indicated by the yellow arrows of the Fibonacci on the hourly chart: a pullback to 38.2 represents a mild pullback, 50 represents a moderate pullback, 61.8 represents a deep pullback, and 100 represents a heavy pullback. Let's see which pullback route the big pie takes; hopefully, it will just be a mild pullback.
If the big pie breaks through 84241 with volume on the right side, it indicates a long position; if it breaks down through 83905 and cannot recover, then it indicates a short position. Pay attention to the changes in volume.
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The big pie needs to hold above 84464 on the hourly level to see the target positions above 85128-86180; otherwise, it's invalid.
On the 4-hour level, if it breaks below 83547 and cannot recover, it will head down. Let's see below 82630-81973-81254; that would be disastrous, and that would be the end of the meeting.
$BTC
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