It's calm on the surface, but there's fear underneath the ocean
After a week of oscillation, a very obvious WM pattern has appeared in the four-hour chart. In this case, large users cannot make money, and they are basically divided by the platform. There is an explanation for the funding rate mentioned yesterday. You can read it yourself
From the wave of testing this afternoon, we can see that the 69,000 position can be supported for the time being. This trading day is the most critical day of every week and every month. Another testing also corresponds to the current strong bull sentiment, and the thousand-point price Falling is undoubtedly the most fatal blow to friends who are not determined.
When I woke up in the morning, the Dodan take-profit of 71,500 was five points away from being triggered. Although I missed the highest point, fortunately I was able to get out of the car in time without being greedy for too much.
The current rhythm has begun to fluctuate, and it is not recommended to operate for the time being, but my idea here is that Bitcoin cannot fall below 69,000, and it can be higher at any position if it cannot reach 67,000. There is no reason.
