【Zen Words Analysis📖| BTC/USDT 4H💰】
As the successful campaign of Trump on the 6th has passed for half a month, this enthusiasm has gradually faded. After the big pie broke a new high last night, there was a corresponding confirmation of the divergence at the 4h level.
Since the rise is weak, then the big pie is likely to have the following speculations in the next half month: the Fibonacci 23.6%, 38.2%, and 50% retracement positions are all support levels that need attention. It is very normal to spike down to 83565, which is the 38.2% position. A healthy rise requires sufficient turnover, so don’t be surprised or panic if it falls below 90,000!
The performance of other altcoins during the adjustment of the big pie depends on whether the market share of the big pie starts to decline. Although it is a bull market now, it still feels like the bullish sentiment is not strong enough. Why? Look around the world, smoke and fire everywhere, unusual seasons, we are in the early stage of recession. How can there be a sense of prosperity when we are almost heading for recession? It is merely a dream of a financial bubble!