Today, pay attention to these four points. The upper resistance is 100,000 US dollars. If it cannot break through for a while, then the three support levels below must be secured to prevent a short-term crash.
There is a hidden concern here, which is that we see it has a head and shoulders pattern, with the left shoulder already formed, the head here, so is it now forming the right shoulder?
Typically, a decline occurs in three waves: wave A, a rebound in wave B, and wave C will decline. This is the usual pattern. We might see this at 86,000 US dollars, so waves A, B, and C would be completely finished, and this just happens to be equidistant.
Therefore, we have this possibility: breaking through 100,000 US dollars but not continuing to rise. If this week's weekly line is not strong, then the head and shoulders pattern will form next, and we will face a deep correction.