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No matter what

CN
路遥 | LuYaoTrader
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3 months ago
AI summarizes in 5 seconds.

No matter what, as long as the Bitcoin price does not break above the daily resistance zone of $94,000,

I still firmly hold a bearish view on the mid-term trend.

Currently, the key resistance point for the short to mid-term is here, while the key mid-term resistance point is at the $107,000 level.

The downtrend only looks at whether the resistance can be effectively broken, thus determining the reversal of the trend.

Of course, this also needs to consider the cycle level.

In this wave of decline, I still firmly believe in the $70,000 level; it is not an exact price but a price zone of support and resistance.

Moreover, a mid-term wave trend decline needs to fully release the bearish power and undergo a bottoming oscillation for future trend reversal.

The decline is far from over.

Want to "buy the dip"?

Just be patient and wait a bit longer~

Today, I took the kids to the wildlife park for a whole day, and only reviewed the market in the evening.

In this market, actually spending half an hour every morning on news and half an hour on charts is enough; if you work a bit harder, you can add another hour.

In the evening, it's the same; basically, it can cover the general situation of the day.

I also suggest everyone enjoy life more, appropriately step away from the market, and live well every day 🙂🙂🙂

BTC

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