#BTC $BTC
86500 After multiple tests, it finally broke through to the lower vacuum area. The current key positions are 725/665/615. The trend of bearish arrangement and rebound fluctuations will not change in the short term. There are no favorable factors in terms of funds, news, or market to promote a complete turnaround. The biggest question is, which number represents the endpoint? Do not enter long positions too early on the left side; the market is open 24 hours, and the most important thing is that you are still at the table.
The support at 2750 has come to the 2050 test level after the double bottom test, along with a series of minor declines and occasional three long candlesticks. The good news is that the downward trend is showing signs of slowing down; the bad news is that there are no obvious support signs at this level, and there have been recent negative news. Even if there is a weak rebound or a breakthrough of the downward trend, do not easily take heavy long positions. The first step to entering the market is to identify the direction.
The sleeping zone of S is like G.E.M.'s bubble that bursts at a touch, and the subsequent three-digit numbers completely give up resistance like paper. The next situation should be a choice at 85 and 65 below, and it will likely transform into a similar situation as before, forming a new box range for repeated fluctuation testing. In the current situation, praying for as many confirmation opportunities as possible in each support area is the last hope for bulls.
