The big cake has a small-level gate again. In the short term, it is still supported by the upward trend, but it is always facing the possibility of breaking the orange line;
If this orange line falls, the structure of the oscillating upward trend since 57,000 will be destroyed, and the horizontal pressure level of 72,000 has never been able to stand, constituting another "second test";
The most critical thing at the moment is to see the strength of this wave of callback. If the decline continues next week and falls below the key center of 67,000;
We will see a potential top distribution structure without "high-rise fallback", especially after the price falls below the lower edge of the range;
However, there is no need to rush to be bearish or pessimistic at the moment. The oscillating upward structure has not been confirmed to be destroyed, especially the large amount of short liquidity gathered at 73,000 and 74,000 is really unbearable. Do they really have to be so cheap?
Before the price is confirmed to fall below 67,000, the market still has a chance to reach a new high, but last night's gate reduced the probability of a lot of new highs.
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