Attention! $BTC This stage may be a false signal
The price rose high at night and then fell back, and the current position is neither here nor there. Don't just look at the rebounds from the lows; this is very likely just a consolidation in a downtrend, not a real rise.
The key level now is 100,000, with large-scale pressure from above and small-scale support unable to hold. The market has reached this position; it's not bad, but it's not good either!
I advocate: Unless we can stabilize at 95,000, it's best to take little action.
Now waiting for two opportunities: first, a rapid decline after the price rises and shows a divergence signal; second, a drop that reaches the key support level for a low buy opportunity.
I summarize the current market situation as: a chicken rib! Tasteless to eat, a pity to discard. And this kind of market layout is most suitable for Alpha; recently, $PIEVERSE , $POWER have both surged very strongly. Captain Hang's insider discovery is that the project team intends to do a market value; the funding volume is objectively available, scan the QR code below to enter the chat room, Captain Hang will inform the internal code.
