📊#BTC bearish trend intact📉

🧠From a structural perspective, the bearish structure is intact. We are still in a downward trend, and the downward trend line has not been successfully broken. The downside risk has not been eliminated, so we still need to be vigilant against the risk of further decline.

➡️Currently in the rebound stage, the staged resistance area is around 78800-81100. We can only maintain a slightly optimistic attitude if we break through this resistance area and stabilize.

Let's see👀

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#BTC 1H Update

The market rebounded after reaching the lower edge of the triangle and the green buy zone as expected. It is now near the downward trend line and resistance zone again. We need to be wary of the risk of a pullback after continued rejection here. I will use the remaining positions to look forward to this possibility.

Note that if we break through the turning point 84686 upward, it means that the 1h level long structure is successfully built. We should be wary of the risk of further rise. If there is a good pullback in the future and it stabilizes above the downward support line, then we can consider participating in some long trades. Otherwise, new long trades still need to pay attention to the support situation of the support zone 78363-79500 to participate.
#Wolf_king88 $BTC