$BTC

BTC Three-Day Plunge of 5% Analysis: The Tough Action is Here! Bitcoin dropped from 110,000 to 104,000 in three days, and the market manipulators are swinging their blades furiously!

The market reveals two signals:

① The 4-hour chart has broken through the lower bound of the rising channel (support becomes resistance)

② Contracts have exploded with 1.3 billion dollars in long positions. Now we must closely monitor the critical line at 103,000; if it breaks, we will directly see 98,000! For those looking to bottom-fish, start with a light position to test the waters and set a stop-loss.