📊#BTC in the resistance zone, beware of pullbacks📉
🧠From a structural perspective, we are currently in the blue resistance zone at the daily level, so we need to pay attention to the risk of a pullback if we cannot break through this area.
➡️The upward trend support line was broken, so it turned into a resistance line. The price reacted well when it touched this resistance line, so we need to pay attention to the suppression of this resistance line.
➡️The downward trend line at the daily level was broken, which means that the adjustment at the daily level may be over, so if there is a good pullback, then we need to look for opportunities for long trades. The support area worth our attention is 80000-81188.
⚠️Note that if the closing price at the 4h level is below 80000, then the market may go bad and we may enter a deeper adjustment.
