#BTC pancake is basically as expected, after breaking below 74,200 which is the blue neckline, it repeatedly retested but failed to break through, meaning support turned into resistance after breaking down. Because there are quite a few trapped positions at this level, selling pressure is heavy. If it cannot break through and stabilize above 74,500 tonight, there’s a good chance it will pull back to around 70,000 in a crab pattern.

BTC-4.57%
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