The judgment for the long-term trend hasn't changed, but I've recently noticed that the probability of the expected route is quietly increasing. In other words, the position of 84400 can be understood as a second bottom test. Once it rebounds to 90500 and completes the breakout, that major downtrend line will have truly been broken. After the breakout? A bullish signal will be established.
As for where it will rise to - I have already mentioned the long-term target, so I won't repeat it here.
How to operate? My idea is simple: don't rush. Wait until the trend line is truly broken, then start the low long rhythm. During the observation period, you can accumulate some ideas to prepare for the subsequent strategy.
$ETH is also being monitored. Changes in liquidity often reveal market intentions in advance and are worth noting.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC资金流动性 $BTC 12.22 Bitcoin's nighttime thoughts
Today I am focusing on a key price level - 90500.
The judgment for the long-term trend hasn't changed, but I've recently noticed that the probability of the expected route is quietly increasing. In other words, the position of 84400 can be understood as a second bottom test. Once it rebounds to 90500 and completes the breakout, that major downtrend line will have truly been broken. After the breakout? A bullish signal will be established.
As for where it will rise to - I have already mentioned the long-term target, so I won't repeat it here.
How to operate? My idea is simple: don't rush. Wait until the trend line is truly broken, then start the low long rhythm. During the observation period, you can accumulate some ideas to prepare for the subsequent strategy.
$ETH is also being monitored. Changes in liquidity often reveal market intentions in advance and are worth noting.