📊#BTC Beware of a potential crash⚠️
🧠The market has been stagnant lately, with us consolidating sideways around $80,000. That's why I took some time off recently. It wasn't until today that I noticed some changes in the market structure. From a daily chart perspective, a daily-level bearish structure is forming here, so we need to be wary of a daily-level correction starting from this point.
➡️So the support levels we need to pay attention to next are around $76,000 and $72,000.
➡️If the market does not experience a daily - level correction as expected, but instead continues to rise. If it further breaks through the previous high of $82,800, it means that the market is still continuing its bullish momentum. The next important resistance zones we can pay attention to are around $86,000 and $88,000.
⚠️From a graphical perspective, the market price is still moving within the bear flag and is currently in a bear market phase, so we still need to be vigilant against the risk of a decline. At the same time, we are still suppressed by the ascending channel. Two upward attempts have failed, indicating that the market is under significant pressure. If we break below the lower edge of the bear flag in the future, we may enter a deeper correction phase.
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#Wolf_king88 $BTC