Bitcoin has been consolidating at high levels for two days, and Kongjun teammates are starting to waver again, and the Kong order in hand is no longer appealing!



You must remember: the risk-reward ratio is the core of trading!
When the wind blows in both directions, short-term trading will never lead to your moment of glory. If you want to realize the dream of turning C, only by catching a solid mid-term wave can the dream come true.

Here's a reminder,
Be aware that over 80k long positions are extremely crowded, and the market will never easily release trapped positions.
In terms of technical patterns, the weekly chart touches the previous top, the 2-day moving average shows strong resistance, and although the daily chart has four consecutive bullish days, it has not shown a strong breakout.

Personally, I believe we are currently in a critical area of the upper watershed; chasing high here is definitely not a wise choice.
The mid-term Kong plan remains unchanged; the structure will not change until the upper channel line is broken, with the maximum short-term upward space at 79,600-80k. Even if it breaks above 80,000 again, that is the limit.
Maintain yesterday’s plan of 78,600-79,600 in batches for Kong, and hold steady at high levels.
BTC0.03%
ETH-0.91%
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