#BTC $BTC
Last week, after analysis, the market was willing but unable, struggling to test and subsequently falling step by step to the current area of 86500. A new round of narrow fluctuations begins at this position. If it further dips to the position in the range of 8 at this stage, it is very likely to break during this test and reach even lower points, while the next box will be opened, dropping back into the range of 7.
E this week is like a student in class, struggling for a long time before finally closing its sleepy eyes. Testing the area of 3450 is the last stubbornness, and then it opened and closed its eyes repeatedly, returning to the area of 2980. The current position does not look good for more expectations; testing the previous low is imperative. It is not recommended to enter from the left side. If orders are to be placed at the low point, it is essential to confirm short-term fluctuations and shapes first.
The box of S has not been broken, but I seem to smell the scent of danger. The form after this test has not given much confidence, and the strength has further decreased. From a small scale perspective, it has also broken the original shape. The current operation can expect small-scale short positions to break the current box or to enter from the right side after confirming again in the sleeping area. Although the short-term future does not look optimistic.
