Preface: Yesterday’s bearish outlook was perfectly validated. Opportunity always stays for those who are prepared. Standing on the shore forever is something you’ll never learn to swim—only by trying will you know whether you can.



Technical analysis: On the 4-hour timeframe, the price rose to the top of yesterday’s rally; the upside was probed for pressure but could not be broken. Then price pulled back, tested the bottom, and followed with a fragmented bullish candle. Ahead of the market open, the overall trend leans toward a tug-of-war pattern—both bulls and bears have something worth considering.

On the daily timeframe, price remains in the upper-to-middle band area. Yesterday’s retest did not break the bottom. If price wants to fall further afterward, it must break the middle band and close the candle to below the middle band, so as to open up room to the downside.

Reference suggestion: Look for bearish moves around the resistance pressure zone of 77000-775000. The targets are to look toward the 76000-75000 support/resistance gate; then it’s good to stop at #加密市场小幅下跌 #btc
BTC0.34%
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