👀👀Update $BTC

If looking at the candle signals of BTC on the daily and 3-day frames, I still see the continuation of BTC's downward trend.

When BTC continues to drop, these are the support areas that BTC may seek: 92-90-88-86-85.

As I mentioned in the post on 24/12, this market uptick is just a bounce, especially for altcoins; it is merely a rebound after several days of significant declines. And today, the entire market has decreased again.

Spot traders who caught the bottom on 23/12 and on 25/12 are advised to consider taking profits from the rebound for their trading accounts.

I remain cautious with the market while BTC is still in the 9x range because I believe BTC will eventually return to the 8x range, but when that will happen, I do not know. However, one day not far off, BTC will return to that price range.

If there are any changes in the price movement, I will update later.