📊#BTC Bear Flag?
🧠From a structural perspective, we are still consolidating sideways within the blue resistance zone, currently finding support at the lower edge of this area and starting to rebound. Further rebounds require a stabilization signal, so patience and caution are necessary.
➡️From a chart perspective, a bear flag pattern appears to have formed here, and the price has broken below the lower edge of the flag. Therefore, after the rebound, we can look for shorting opportunities.
➡️From a time perspective, the sideways consolidation here has lasted long enough, so we still have a chance to test the resistance near $100,000.
Let's see 👀
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BTC
83,000
+0.38%