GM☀Early trading analysis:

The #BTC market started again in the middle of the night, and the position of 26950 changed from a resistance level to a support level. Based on the wave theory, this is the fourth wave correction in the hourly cycle;

As I said last night, an increase without adjustment is unhealthy. Now all indicators are floating at high levels. Even if there was a small adjustment yesterday, it is still very unhealthy. It is easy to enter the market adjustment by chasing the long side now;

The rising market has not reached today, but it will continue yesterday's logic to adjust. The current market has reached the lower edge of the resistance in May-June, and the probability of a breakthrough is low 👿#crypto2023

Resistance: 27750

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