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Song Xiqing: Breaking news! The entire network has confirmed the signal for a trend reversal, the big plunge is not over yet, and the target for the rebound is directly at 50k!
The trend reversal signal has appeared across the network, a major crash is imminent! The current price benefits are shared simultaneously, and it has already moved out of a space of over 5000 points. Brothers, if you seize this wave, you will take off; the rebound is still here, keep going.
From the current market situation, the 15-minute rebound is clearly weak, the 4-hour and daily structures have completely turned bearish, with moving averages forming a death cross and MACD forming a second death cross below the zero line, indicating that downward momentum is still releasing.
Trading suggestions:
Bitcoin: Directly rebound around 64.6k-65.4k, targeting 62.9k-62.2k, and breakouts aiming for 60k.
Altcoin: Directly rebound around 1750-1790, targeting 1690-1670, and breakouts aiming for 1600.
Reminder:
The above analysis is Song Xiqing’s personal analysis. The market is ever-changing; everything is based on Song Xiqing’s real-time data!
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