📊#BTC Complex Consolidation Phase⚠️
🧠As expected, we rebounded after reaching the target area of the bearish structure.
➡️I don't see a sustained bullish structure emerging from this chart. We're also approaching the blue resistance zone again. Will we continue to face downward pressure this time?
➡️Although we rose due to expectations of a possible de-escalation of the war, given the backdrop of ETF withdrawals, weak spot demand, and crowded leveraged long positions, BTC's current movement resembles a fragile, leveraged rebound rather than a healthy bull market. A large-scale liquidation event is possible in the future, meaning that even if the price rises to $85,000, we should go all in on shorting!
⚠️Note that contract trading carries the risk of losing everything. Therefore, please proceed with caution if you do not have a strict trading system!
🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
BTCUSDT
Безсрочно
72,199.9
-2.30%