Bitcoin has gone out of the long arrangement in the one-hour chart and broke through the horizontal resistance level we mentioned yesterday. As long as the price does not fall below the previous band low, the structure is not destroyed. Under the continuous promotion of the long arrangement, the previous decline adjustment will continue to rise. This rise may break through 7w upwards and complete the liquidation of a large number of shorts.
But if the long arrangement at the hourly level is broken, then whether it will reverse or continue to fluctuate, we will observe it later.
