#BTC走势分析

The daily level head and shoulders has reached twice the depth of the drop, with a peak of 126000 dropping 32000 points. The initial quote of 89000 is about reached, and this price of 89000 is half of the previous breakout volume bullish candle in the prior range. From a naked candlestick perspective, it is a support level, and there is strong support at this round number. If it breaks here, it would be 84000. Currently, entering on the left side at 88000 if it breaks would definitely see 84000. The daily chart has accelerated downward, forming a downward trend within a descending wedge, which is a potential reversal pattern. As it stands, I am bullish on BTC, although I did stop-loss once at 92000. However, this operation of breaking below the lower boundary is something that the market makers in the crypto space love to do. This type of wedge could see a 10% further drop, a 30% break of the upper or lower shadow trend line, with the remaining 60% moving within the pattern before ultimately forming a reversal.

In the end, everyone, the best approach is to wait for the daily chart to form a bullish candle the day after tomorrow to enter on the right side; for now, this can only be considered a price level for entering on the left side.