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Following the previous post, the 3-day layout secured 3.3M!
Now updating BTC post-market analysis:
After breaking through the bullish pennant, price accelerated upward toward the previous high, but faced heavy selling pressure from above and quickly pulled back after touching it. The daily chart printed a long upper wick top signal, indicating that the uptrend from 65k has ended and price action is transitioning into a downtrend phase.
Short-term is no longer suitable for going long. There are two possible scenarios for the subsequent movement:
First, price consolidates and forms a bottom in the 70k to 69k range, then rebounds after forming a small-level stop-loss pattern, constructing a secondary high around 72.3k.
Second, direct decline breaking through the support zone, followed by accelerated downward movement.
I believe the first scenario has higher probability. Weekend consolidation will help digest selling pressure and create conditions for a rebound. If a rebound materializes, 72.3k will be an ideal short position. Regardless of which path plays out, the market has entered a downtrend, with an initial target of 65k, with ongoing adjustment as the situation develops.
$BTC $ETH $SOL #加密市场上涨 #比特币站上七万美元 #伊朗明确达成停火协议要求