【Can it be even lower!? Long-side game position】
BTC
4hr upper and lower bounds 8.23/7.6 still haven’t changed.
The current price action is rebounding from the 778 support, but the subsequent highs are getting lower and lower. Combined with the futures data, personally I feel it still needs to move downward to find more support~
7.75/7.68/7.6 can still be used as entry levels for long positions within this 4hr consolidation range.
For the short term, overhead resistance is 7.95—this is a confluence zone where horizontal resistance and the trendline suppression meet. Only if it breaks through here can we see strength and a right-side opportunity. 7.75 can be considered the phase low.
$BTC
#伊朗称已准备升级对美战争
BTC
4hr upper and lower bounds 8.23/7.6 still haven’t changed.
The current price action is rebounding from the 778 support, but the subsequent highs are getting lower and lower. Combined with the futures data, personally I feel it still needs to move downward to find more support~
7.75/7.68/7.6 can still be used as entry levels for long positions within this 4hr consolidation range.
For the short term, overhead resistance is 7.95—this is a confluence zone where horizontal resistance and the trendline suppression meet. Only if it breaks through here can we see strength and a right-side opportunity. 7.75 can be considered the phase low.
$BTC
#伊朗称已准备升级对美战争
