$BTC ✍🏽The big cake was stuck at 96500 last night. This is the pressure level of the monthly and weekly lines. Pay attention to the closing of the 4-hour chart, and refer to the entry point of the 15-minute chart issued last night to find details. Is it breaking through 96500 and continuing to go up, or breaking through 95700 and continuing to go down? The 4-hour level is a double top breaking the neckline. If it wants to go up, it must also go through a bottom structure, so set the alarm ⏰ and wait patiently. In the watershed area, stop loss must be taken when doing contracts.

$BTC 4 hours of neck line support just dropped through, and there was no rebound, the support in between has become ineffective.

The channel is moving down, 95300 is also support, but after a big bearish candle, there are no signs of stopping the drop. We will not go long; we need to wait for a clear signal, at least a double bottom or triple bottom breakout on the 15-minute chart and a retest of the neck line without breaking before entering. For intraday trading, I insist on right-side positioning, having suffered considerable losses from blindly trying to catch the top.

Support below is around 94800, 93300, 92900.

The aunt has also reached the lower track of the channel, and after a big bearish candle on the 4-hour chart, there are still no signs of stopping the drop, so we will not go long. Currently, the neck line on the 15-minute chart is at 3381, waiting for a clear signal. $ETH $ETH

The monthly line is about to close, 96500 is a key point that needs to be closely monitored. Technically, if it's not quite in position, it's better to watch more, act less, and practice with simulated positions.