📊#BTC Downside Risks Remain⚠️
🧠From a structural perspective, we found weak support after reaching the yellow support zone, and the rebound encountered resistance near the blue resistance zone. Currently, there's no structure for a sustained rebound; it remains in a bearish phase. I estimate it will be difficult to even reach the resistance zone around 78,000, let alone 79,000.
➡️Bearish trend, sell on rallies. If the price experiences a decent rebound, we can still look for shorting opportunities.
➡️Stable long trading opportunities will only appear if the price stabilizes above $70,000.
⚠️With escalating geopolitical tensions, risk assets will face priority selling pressure, so please be cautious about going long!
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BTCUSDT.P
🧠From a structural perspective, we found weak support after reaching the yellow support zone, and the rebound encountered resistance near the blue resistance zone. Currently, there's no structure for a sustained rebound; it remains in a bearish phase. I estimate it will be difficult to even reach the resistance zone around 78,000, let alone 79,000.
➡️Bearish trend, sell on rallies. If the price experiences a decent rebound, we can still look for shorting opportunities.
➡️Stable long trading opportunities will only appear if the price stabilizes above $70,000.
⚠️With escalating geopolitical tensions, risk assets will face priority selling pressure, so please be cautious about going long!
🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
BTCUSDT.P Trade attivo
New short positions have been activated around $78,000.
Trade chiuso: obiettivo raggiunto
The second short position was entered at a rather aggressive price, and we've reached our target area, so we can choose to close this trade.
Short positions near 80900 can still be held and held.
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đź’ŽUse WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.