📊#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 Dagangan aktif
New short positions have been activated around $78,000.
Dagangan ditutup: sasaran tercapai
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👇
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.