Currently, $BTC has broken through the resistance level of 112,722. You can first take a position of 1/3 or half of your holdings. Then wait and see the pre-market trading situation of the US stock market to decide whether to increase your position or cut losses 🧐
@cryptodaoyi thinks that after the main players in BTC realize that the US stock market can't drop further, they might build a large weekly range.
Alright, it's time to sell again. $BTC has once again fallen below the support levels on the 4-hour and daily charts, and the drop is not small. It seems that Powell's speech a few days ago didn't really change the funding fundamentals; it was just a short-term emotional rebound in the market. But it doesn't matter, that's all hindsight now.
The daily support level is at 112,722, and the next one is the weekly support, located at... Emmm... 96,052 🧐 Of course, it doesn't necessarily mean it will really drop to that level.
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