Bitcoin surged sharply and then pulled back. At the current 4-hour level, it’s not yet possible to determine a standard double-top structure. This pullback is just a rinse-and-shake after the big rise, and the market still has a chance to challenge the previous high!
The pattern still needs further confirmation. If later prices stabilize and hold above the support level below, we’ll continue to look for the previous high at 87400. If there is a valid breakdown, then the target is 89000!!
On the other hand, only if support is effectively broken can we confirm a double-top structure; further adjustment is needed. Everything waits for clear breakout and stabilization signals!!!#币圈#比特币两度受阻87300美元
The pattern still needs further confirmation. If later prices stabilize and hold above the support level below, we’ll continue to look for the previous high at 87400. If there is a valid breakdown, then the target is 89000!!
On the other hand, only if support is effectively broken can we confirm a double-top structure; further adjustment is needed. Everything waits for clear breakout and stabilization signals!!!#币圈#比特币两度受阻87300美元
