One piece of good news and one piece of bad news. The good news is that BTCās inverse head and shoulders broke out. The bad news is that the Air Force, which originally had a liquidation line around 46,000-48,000 on the liquidation heat map, ran a lot š¤ (Air Forceās passive stop loss and forced liquidation are the fuel for the rise)
Now it is blocked by 0.618 of swing100 at 4h. It may return to the neckline support and test it once. As long as it does not fall below fib50% in Figure 2, it is bullish. Otherwise, it will be more troublesome, and you may have to touch the main support around 40241 in Figure 3 again. This is a guess, what is in front of me is a breakthrough of resistance. Totalās quarterly candle also started to get bigger.
#BTC #4h #å
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