📊#BTC Beware of further declines📉

🧠From a structural perspective, we have not been able to break through and stabilize at the resistance area near 106500. And the structure of the reversal of the bullish trend has been established, so the downside risk remains.

➡️From a graphical perspective, we have formed an extended wedge between the support line and the resistance area, and the price has now fallen below the lower edge of the wedge, so we will likely see further pullbacks.

➡️If the market really develops as expected, then the support area worth paying attention to is around 100700.

⚠️Note that if we rise again and successfully break through and stabilize at the resistance near 106750, then we will see more gains.

Let's see👀

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#Wolf_king88 $BTC