Notification
The big pancake tested the monthly MA20 level again yesterday.
The good news is that it has temporarily held up.
Currently at other levels below the monthly line. There is resistance near MA5.
Now it depends on whether the strength of MA20 at the monthly line is greater than that of MA5 at other levels.
If MA20 has strong power, there will be a rebound.
If there is strength in MA5, there will be another dip.
Looking solely from the level perspective, it is definitely the support strength of the larger level that must be greater than the resistance strength of the smaller level.
Unless there are temporary special circumstances, the MA20 at the monthly level should be able to hold.
However, the monthly line is still in a bearish trend.
After the rebound is completed, there will be a new wave of dips that break through the monthly MA20.
This also fits the general script of rebounding first and then dipping down through the entire K-line of the monthly line.
Ethereum synchronizes with the big pancake.
Shenzi Chen Village Committee Party Branch #加密市场回调 $BTC
