BTC is currently forming an ascending triangle. In my personal opinion, there are two potential market movements;
1: Pay attention to the breakout stabilization near 941. If there is a strong breakout, watch to see if 966 can form resistance. If the breakout continues, we could see levels below 100,000;
2: Watch the lower edge of the triangle at 888. If it breaks below, the subsequent supports are 863, 841, and 815. If the breakdown continues, we could see levels below 80,000;
However, I personally believe that the likelihood of following the red line trend is high (personal opinion, profits and losses are at your own risk). $BTC
BTCUSDT
Perp
90,200
-0.09%
ETHUSDT
Perp
3,115.12
+0.68%