BTC 4H market analysis: The key position of the long-short circuit breaker needs to be paid attention to quickly.
In terms of the large cycle, the harmonic potential polarity zone failed in its attempt to break through quickly, and then the continuous appearance of multiple K-lines showing a strong short trend caused the selling pressure to continue to increase.
Based on this situation, the long-short circuit breaker is expected to start the shock consolidation mode. If there is a subsequent pullback, once the large-scale harmonic pattern is established, the potential target price of its retracement may be 76380 and 71200.
BTC 1H market analysis: In the 1-hour level trend, the 89700-90500 range constitutes an extreme gap, which is the key resistance position in the 1-hour rebound process.
If the price climbs further to the 925xx point, the bears will take short selling operations, and then the hourly level trend will temporarily form a shock range.
If investors intend to go long, they can focus on 857xx, 83xxx and other points with potential key structural support. If you want to dig deeper into the cryptocurrency circle, but can't find a clue, and want to quickly understand the information gap, whether it is a contract or spot, you can 👉 Learn more in my profile #新币挖矿你参加了吗? #BTC冲破9万