#BTC $BTC
The 85000 position has not withstood the pullback test, like a middle-aged man’s ineffectiveness. It has been hovering around the boundary line before falling back into a bearish situation. The upward trend cannot be maintained at all, and it has fallen back to the integer level of 80,000 along with the decline of the US stock market. After entering April, it has started to make some attempts slowly, but the strength of support is not as good as before. Now it has returned to the key area, waiting to determine whether it is a small-level breakout stabilization or a large-level secondary peak decline.
The test of 2100/2200 did not come, instead, it was a renewed fall below the integer level. As expected, the integer level = dignity level, multiple breaks = invalid level, and there was even no time to wave goodbye. After breaking down, it has been on a downward path without even organizing a decent rebound, until yesterday when the B fox tried to be intimidating but did not reach it. After rolling down, the only question is: when will it touch the previous low again?
The K-line of S looks like it has been lying in the ICU for a while, and at first glance, I didn't notice any difference in these few days. The area of 120/125 is no longer a test but a friction zone. In last week's analysis, the bulls and bears questioned each other like family, and shortly after, the air force shouted for the bulls to kneel down and sing 'Conquer'. Now, for the bulls in S, the only thing they can do is to not stay here too long, regardless of whether it goes up or down.
