#BTC Update:
Support reaction near the yellow support zone and the uptrend support line has appeared. If you participated in the long trade, you can now lock in major profits and look forward to more.
Wolf_king88
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Bearish
📊Can #BTC reach a new high?
🧠We cannot be too optimistic before we break through ATH, because the daily adjustment expectation still exists.
➡️We are currently in a heavy resistance area near 110,000. This is our third test. Regardless of whether we can successfully break through, don’t chase the rise here, because the cost-effectiveness is not high. If you want to go long, you should also wait patiently for the callback to occur before considering it. Or wait for the callback after breaking through ATH before considering it.
➡️If you want to participate in short trading, you can only participate in a small amount with ATH as a defensive point. Or wait for the rebound after breaking through the upward trend support line before participating.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠We cannot be too optimistic before we break through ATH, because the daily adjustment expectation still exists.
➡️We are currently in a heavy resistance area near 110,000. This is our third test. Regardless of whether we can successfully break through, don’t chase the rise here, because the cost-effectiveness is not high. If you want to go long, you should also wait patiently for the callback to occur before considering it. Or wait for the callback after breaking through ATH before considering it.
➡️If you want to participate in short trading, you can only participate in a small amount with ATH as a defensive point. Or wait for the rebound after breaking through the upward trend support line before participating.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
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