BTC
Woke up to a loss on one trade! But no need to worry too much about it dropping back to 70k or 60k here. It pulled up from 75k by just over 10k. This kind of daily K-line. From 75k up by just over 10k. Unless there's a black swan event, it won't drop in just a day or two ~ This is 【subjective】 ~
【Objective】 8.18-8.25 is the upper edge of the last consolidation zone. As long as it doesn't break below here, the structure is still intact~
So the view remains the same. It's a one-sided market. Don't overcomplicate it. During pullbacks, focus mainly on going long.
Currently, from the market perspective, closing back above 8.45 is a stop-fall signal. But on the right side, I suggest waiting for a close back above 8.51.
If it continues to probe lower, piercing 8.25 without quickly recovering, it will likely enter a more complex consolidation phase again. If that happens, we can provide a new interpretation then~
Anyway. The market is always there. Mid-Autumn Festival only comes once a year! Enjoy the holiday!
Wishing everyone a happy Mid-Autumn Festival in advance! May people and the moon both be whole🌕~
#BTC冲高回落，市场轮动开始了吗？$BTC
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