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Beijing time May 22, 2025, 1:30:30 Bitcoin has turned bearish, other altcoins are following suit Do not catch a falling knife, resist the single trade!!!!!! #BTC挑战11万大关 #BTC再创新高
May 22 The pancake reached a new high near 110,000, and both the 4-hour and daily charts are showing strong resistance, forming a triple M top. At this moment, there are two possible outcomes: 1. Directly break through 110,000, then pull back to 109,000 to continue to a new high. 2. Strong resistance at 110,000, triggering a bearish signal, pulling back to around 92,000.
The risk-to-reward ratio is very important in trading. Enter short near 110,000, and do not chase long positions.
On May 21st The big pie will surge to 110,000 within 24 hours, with the final wave of increase At that time, there will be an opportunity signal to short in one hour or four hours~
Currently, the price of Bitcoin is being resisted at around 110,000 on the daily chart. The 4-hour and 12-hour charts have already formed bearish signals, but we will not short for now; we can consider entering short positions near 110,000.
Successful hunters spend most of their time waiting for the right opportunity. May 20, 2025