【BTC】From the 4H perspective:


Yesterday's key reminder was still to focus on shorting from high levels.
Today’s market movement was quite sluggish, but ultimately, the price reached the target level set by Lin Jie’s analysis without a single deviation.
White Plate quickly retreated after touching the resistance zone.
However, it did not break below the key support level on the hourly chart due to the pressure.
Currently, the trend is forming a wide-range correction at the support level.
A rebound is likely to occur in the near future.
But this does not change the overall bearish trend.
As long as it cannot re-enter and stabilize above the recent resistance zone,
all rebounds are considered false signals or trap moves.
In terms of trading strategy, we still focus on shorting below resistance.
Targeting the lower range around 6.4K-6.2K.
BTC-2,38%
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