#BTC
The development is not as expected, and the support near the turning point has not been stabilized, so our long orders have been completely withdrawn near the cost price. For new long orders, we must wait patiently for the stabilization after breaking through the downward trend line before entering, or observe whether the support area 84000-86000 can build a reversal structure of the same cycle to decide whether to participate in new long transactions.
If it falls below the support area of 84000-86000 and does not recover quickly, it means that a bigger decline is coming, because there is no K-line dense area between 84000-72000, which means that the support is lost, so new long transactions need to be cautious enough. Because it is close to the support area, chasing shorts is also not advisable. Keeping more patience to protect your funds may be the most important thing at the moment.
#Wolf_king88 $BTC
The development is not as expected, and the support near the turning point has not been stabilized, so our long orders have been completely withdrawn near the cost price. For new long orders, we must wait patiently for the stabilization after breaking through the downward trend line before entering, or observe whether the support area 84000-86000 can build a reversal structure of the same cycle to decide whether to participate in new long transactions.
If it falls below the support area of 84000-86000 and does not recover quickly, it means that a bigger decline is coming, because there is no K-line dense area between 84000-72000, which means that the support is lost, so new long transactions need to be cautious enough. Because it is close to the support area, chasing shorts is also not advisable. Keeping more patience to protect your funds may be the most important thing at the moment.
#Wolf_king88 $BTC
