$BTC 【Bitcoin breaks below the channel’s lower band as scheduled; watch for the 73,000–75,000 last chance to get in】
The recent BTC rhythm has still been judged accurately. I’ve kept reminding that it would reach 80,000–84,000, which is also the range for short-term exits. Even the day before yesterday, I reminded everyone to watch the upper and lower bands of the parallel upward channel on the 1-hour timeframe.
Looking at Charts 2.3: On the daily level, the parallel box structure shows that the big coin (BTC) is just encountering strong resistance at the upper band and then pulling back. On the hourly level, the parallel upward channel’s lower band has also been broken as the price falls. Therefore, there is a possibility of a pullback to the area around the Fibonacci 0.618, which is 73,000–75,000. This range is the perfect opportunity to re-enter, and it’s very likely the final dip-buy zone for the bull market.
So in terms of strategy: for spot positions, it’s still recommended to hold steadily for the long term. If you haven’t entered yet, wait for the pullback to the 73,000–75,000 range—the last chance. For futures, you can also wait for this range to look for a long entry.
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