BTC


No. 8.7 [Avenue Sharing]
Analyzing based on 1168, if it breaks 1152, it means the decline and rebound in the range of 1152-1195 has ended.
Falling from 1152 to 1118, this small downward trend has broken the previous high, and the lower support of the triangle pattern has been effectively validated. The upper resistance has been broken through, making the 1140-1145 range an important point for the bulls and bears, indicating that a market reversal is very close. This aligns well with yesterday's viewpoint, where a significant volume breakout and decline have become an important structural level for the upcoming market trend. If it rises, we will directly see 1168; if it falls, we will directly see 1118.
With 1118 as the baseline, the 4-hour level rebound 二🌊 pattern has formed. We will see if the high of 三🌊 can break the high point of 二🌊. If it cannot, it can be a key short position. Similarly, a volume breakout at the support structure level is also a key long position.

Trading is not about right or wrong, but about how much to bet in the right position.
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