Large holders at high positions have started closing positions Funds are quietly building positions at low levels BTC bounce this morning failed to break through the 45-minute EMA31 Currently no obvious large orders hanging out In the short term, we can focus on technical support and resistance levels first Look at the direction after breakthrough: Resistance: 68,500(EMA31)、69,410(EMA89+liquidation magnetic zone) Support: 67,200~67,300
#行情分析 Bitcoin $BTC from a macro perspective is consolidating in a wedge pattern. Currently, the analysis suggests it will test the lower boundary again. Analysis is analysis, and trading is trading! Then we need to closely examine the resistance levels at the operational timeframe. If the price breaks through the resistance level, short positions that are being held will need to be reduced.🐻
#比特币 is currently maintaining a continuous breakdown, continuing to decline. The demarcation point remains at 71500. Be cautious of a breakthrough directly topping at the 71500 level. The signal point for the end of the short-term trend is 69000. Today's short-term consolidation state is good, with the bottom holding and no further downside breaks occurring. A breakdown upward appears, which is typical of a bottom consolidation. Maintaining this type of bottom consolidation is effective. The critical point that cannot be broken for the short term is 67700.