Personal Insights
After breaking 93500, it fell to 92000, but it has rebounded to stabilize at 94500. However, looking at the 4-hour and 1-hour charts, the downtrend still remains. Both the mid-bands of the Bollinger Bands at these two levels have strong resistance. Every breakout tends to lead to a larger scale decline, so I speculate that there will be another significant pullback, approximately to around 90500. However, it must not fall below 90000 for this downward trend to be considered complete and for us to start rising. One could set a stop-loss order around 90000.
The altcoin hasn't really followed the decline, so the opportunity for the second coin has come again. The second coin isn't giving any levels, and I'm too lazy to exit and look at the charts, just didn't check it just now haha🫤
I am a somewhat lazy young lady.
All personal opinions, trading involves risks, it's best to consult more technical KOLs. Hahahaha, if $BTC is right, consider it a lucky guess.