$BTC #BTC The weekly MA200 has always been regarded as a life-saving straw, but now it is used as a trap by market makers. Therefore, technical analysis is often ineffective. This market is still too affected by the news.
Although many trend charts are roughly drawn in the same way, when drawing large cycles, the conclusions drawn are often very different depending on where your butt is tilted. Don't be superstitious about technical analysis, have a broader perspective and start from the fundamentals, maybe your mood will be much better every day.
From a personal point of view, staying at the 30,000 position for a while may be an opportunity for the copycats to get mad. Yesterday, DEFI collectively cheated and had no choice but to see a correction. I wonder if this is the beginning of a rising round or the end of this round of market?