Any news in the cryptocurrency world can slap us in the face. Yesterday, the first order hit my stop-loss, and the second order was just a little short of 97,000.
Currently, the 1-hour line shows signs of stopping the decline; it seems the short-term downtrend line is about to be broken, and the 4-hour line needs to close a pin. This wave of counter-kill is truly despicable. What trend line to look at when this kind of dumping occurs? It's useless; it's just coming back to harvest the leeks.
After the 4-hour line closes a pin, we can pay attention to the position around 96,000 and consider going long.
Order suggestion: 95,700 - 96,200