#BTC.W Update

We are still consolidating near the blue resistance zone without much change, and we still need to patiently wait for a strong breakout or for the price to reach the support zone before buying.

📊Will #BTC break through the resistance zone?

🧠From a structural perspective, after breaking below the weekly support zone, the yellow support zone has now transformed into a blue resistance zone (91000-95000). Currently, the price is still moving within this area, and we can only maintain an optimistic outlook if it breaks above this zone.

➡️Additionally, ETFs are still experiencing net outflows, and with the year-end approaching and everyone preparing for the new year, market liquidity remains poor. Perhaps this will improve after the new year.

➡️I've also been preparing for the new year recently, and I'm still holding a small position from my short positions from September 3rd. For spot trading, I'm patiently waiting for the support zone around $70,000.

🤜If you like my analysis, please like💖 and share💬
$BTC
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