The reasoning behind 'Horizontal must fall' should be clear to everyone.

Here, 'horizontal' refers to high-level consolidation.

Currently, in terms of short-term trends, whether from the intraday chart or the minute-level K-line chart, if the trading volume cannot continue to expand, then it is highly likely that there will be a small pullback before midnight.

Moreover, this upward trend that started at 7 AM on the 26th of this month has lasted nearly 38 hours. From this perspective, if it is to construct a mid-track continuation of the upward trend at the hourly level, then the time is still far from enough. It seems more like a rhythm of raising prices to unload. As we approach the critical node of 70k, the likelihood of triggering retail investors' FOMO emotions and trapping another batch is even greater. $BTC #比特币布林带收窄至低水平 #BTC突破6W9 #你问我答 #年底牛还熊？ #加密货币市场持续震荡