From the current point of view, the last rise was a breakthrough failure, but it is impossible to determine whether the rise has ended. We need to observe the subsequent K-line trend.
It can be seen that BTC made a bear flag adjustment after it started to fall, but after breaking the bear flag, it did not start to fall as expected. The current K-line overlap is a micro range, which will become resistance to the subsequent decline.
📍Observe the development of future price behavior. If there is a strong bullish K-line that breaks through the micro range, there may be a chance to return to the upper boundary of the range. If there is a strong shortish Kline that breaks downward, it will continue to fall, with a target price of $28960.
