Good day! Let's consider BTC
Locally, I expect another rebound to 30700, after which it is unlikely that it will be possible to drive the price higher.
Buying volumes are falling and everything looks weak.
An ascending wedge has been formed globally, which usually breaks down. I think this time will be no exception.
It also bothers me that the last growth was on weak volumes and was smaller in amplitude than the previous ones, which also indicates the weakness of the buyer.
After the retest of the 31k zone, we will see a sharp decline. I think the first target for the decline will be the 0.23 Fibo level, that is, the $27,700 mark. There is a possibility that this mark will be maintained and we will get growth after that.
But if it breaks through, the price will fly to the next level at Fibo 0.38. This is the 25500 mark. This level also coincides with the support level of $25200. As long as we are trading above it, the bullish potential remains in the medium term.
Here are 2 goals for the next 2 months (27700.25500). As for me, at these prices it will be a very tasty entry.
You can also try to take shorts later on futures.