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#美联储降息 BTC this wave of decline is quite fierce. After breaking the ascending wedge pattern, it directly entered an accelerated downtrend mode, and what seemed like solid support was destroyed one after another. The small V-shaped rebound yesterday? Wake up, that was just a trap to lure in more retail investors, how many got caught? Rebounded to 90,000 then turned around; it looks like they've washed out enough.
Really, don't try to catch the bottom. I'm serious. The downtrend shows no signs of stopping; long positions must wait patiently until the 83,000 to 80,000 range. Entering the market before that is a suicidal move. If the pattern completes, 80,000 is the real focus. Small timeframe shrinking volume? That rebound won't go far; at most, it touches 88,000 (in strong conditions). In weak conditions, 87,000 is already the ceiling. Rebound opportunities? That’s an excellent time to short.
The 4-hour chart has already confirmed the break; short in the 87,000 to 88,000 range, targeting down to 83,000-80,000. Looking at the daily chart, there’s not even a sign of a trend reversal. If 83,000 can’t hold, the next support is 75,000, which would be a real slaughterhouse. Trend is king; only by shorting during rebounds can you survive longer.
$BTC $ETH