$BTC The dominance of BTC and USDT has reached the area we discussed yesterday, and there has been a significant reaction from these zones. BTC was rejected from the 70K-71K range, forming a lower high within a broader bear flag, while USDT dominance started to rise from the lower end of the 7.65% range, forming a higher low within its broader bull flag. As previously suggested, my main focus is on how these two flags will develop over the next two weeks.

Whether they remain valid or fail will determine if we see significant volatility in the market, either upward or downward. As long as our macro resistance zone between 72K-80K cannot be broken, I lean towards a complete flag expansion. All other zones discussed in recent days remain valid, including BTC's bear flag high in the mid-70K range and USDT dominance at around 7.30%, within the bull flag low range.
Like yesterday’s levels, these zones are still suitable for short positions rather than longs. Remember, the market is still in a macro downtrend, which means the growth phase is for profit-taking, with a high likelihood of downward continuation. I am not in a rush to go long, as there is a possibility of seeing the bear flag low and even a full breakdown of the flag, which would increase selling pressure in the market. ‌#原油价格回落