In the slow decline, the formation holds steady! Right now, the downward momentum in the market is still continuing. After the long side rebounds and repairs during daytime, the rebound lacks strength. It’s definitely the main theme of a decline. At the moment, after the price temporarily dips intraday, it is hovering around 77,800, testing and probing whether the base support can hold. For those who have already kept up with the earlier short idea, the downside target level remains unchanged.
In the early part of the evening session, the market dips further to make a new low, and the market structure shifts downward more aggressively. On the four-hour timeframe, the price shows a series of consecutive bearish candles and continues to press against and wear down the lower-band support. The overall chart is moving downward in sync, and the bearish pressure is continuing to build. On the one-hour timeframe, the bearish pressure is even more obvious: falling bearish candles keep increasing in volume. The continuation of the bearish trend going forward is beyond doubt. In terms of setup, we can simply follow the trend and go short.
For BTC, look for 77,500, target 77,000
For ETH, 2,440, target 2,430
#苹果发布首款折叠屏手机 $BTC
In the early part of the evening session, the market dips further to make a new low, and the market structure shifts downward more aggressively. On the four-hour timeframe, the price shows a series of consecutive bearish candles and continues to press against and wear down the lower-band support. The overall chart is moving downward in sync, and the bearish pressure is continuing to build. On the one-hour timeframe, the bearish pressure is even more obvious: falling bearish candles keep increasing in volume. The continuation of the bearish trend going forward is beyond doubt. In terms of setup, we can simply follow the trend and go short.
For BTC, look for 77,500, target 77,000
For ETH, 2,440, target 2,430
#苹果发布首款折叠屏手机 $BTC
