After the rebound of the pancake reached 96400, it lacks momentum!
To put it bluntly. That pink support line that countless people are watching is already invalid!
When everyone thinks it can't drop below, the main force loves to do the opposite - this wave is very likely to directly break through this line, specifically to harvest the long positions that chased the rise!
The SRSI indicator on the 4-hour chart has already hit the ceiling, and the RSI has shown a divergence signal, which is not a good sign!
Next, it is likely to first retrace to the 92000 level. If it can hold here, the daily EMA20 moving average will transform into a super springboard, directly bouncing the price to 102000!
But if bad news emerges halfway, then the weekly level of 85000-86000 will be the ultimate bottom! Now is the decisive moment for bulls and bears, either build a base above 92000 and counterattack, or directly break through all support levels.
Now is the most delicate moment in the market! Want to catch the main force's big moves? Want to seize the direction before institutions adjust their positions? While others are still looking at the candlestick chart, you already know in advance whether the main force is accumulating or unloading!
Focus for the day: BTC ETH SOL
