Tonight's BTC daily and weekly candles close simultaneously, marking a key point for trend confirmation.


If there is no effective rebound and turn red, the two-stage falling flag pattern will be further confirmed, echoing the previous decline structure.
The high point pattern on the daily chart closely coincides with historical top signals, and bullish momentum is clearly weakening.
Even if it barely closes in the red, it is unlikely to change the downward structure, and next week is most likely dominated by bears.
In terms of strategy, short positions at high levels remain the preferred choice, with a focus on key support breakouts and strict risk control.
BTC-2,28%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin