As expected, it rebounded from 67500 to 69100 and then fell. Today's second rebound is also completely consistent with the previous predicted path. How will the market go in the future?
- In the figure, we can see a downward sloping red area, which can only be seen by advanced traders and analysts. It is a very important hidden pressure point.
- After the expected rebound yesterday, a wave of decline began at night, and it probed the previous low support level for the second time and rebounded to the red area again under pressure.
- Two days ago, Nvidia led BTC to break through 7w and quickly fell back to the red area and below the green trend line, which can be understood as an important inducement to buy. A large number of retail investors were trapped above 7w, and then the price was severely suppressed by the red area.
Prediction: It will fall here, break 67500, and go to 65/62/60k. Make an M top, and then go to the lower edge of the two-month range oscillation, around 52000.
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