📊#BTC is in a complex consolidation phase☕️
🧠From a structural perspective, we've encountered resistance at the gray resistance band and are now forming a double-top bearish structure. The aggressive support zone is 110,000-111,000, while the extreme support zone is 106,000-108,000.
➡️We've attempted some short trades at the overlapping resistance zone. The market is currently developing as expected. We're currently in a sideways consolidation phase, so we should prioritize range-bound trading!
➡️After most high-leverage positions are liquidated, spot trading opportunities will emerge. Based on previous similar events, it's only a matter of time before we continue to reach new highs. Therefore, the trading range worth participating in is 100,358-107,258, with the target being the ATH.
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BTCUSDT.P
🧠From a structural perspective, we've encountered resistance at the gray resistance band and are now forming a double-top bearish structure. The aggressive support zone is 110,000-111,000, while the extreme support zone is 106,000-108,000.
➡️We've attempted some short trades at the overlapping resistance zone. The market is currently developing as expected. We're currently in a sideways consolidation phase, so we should prioritize range-bound trading!
➡️After most high-leverage positions are liquidated, spot trading opportunities will emerge. Based on previous similar events, it's only a matter of time before we continue to reach new highs. Therefore, the trading range worth participating in is 100,358-107,258, with the target being the ATH.
🤜If you like my analysis, please like 💖 and share 💬
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.