BTC from a medium to long-term trend perspective will still fluctuate.
This fluctuation mainly stays within the 85,000-97,000 range.
Why does it still fluctuate? Because retail investors "still have money"! Everyone's funding situation is transparent to institutions and exchanges. Your position data is aggregated, like four people playing cards at a table, three cheating while one gets eaten. 【This is psychological warfare and experiential reasoning】.
【Technical analysis】 The daily chart has completed support and rebound technical repairs.
Three-day — weekly K, has not yet been repaired, which means before December 20, there will be no occurrence of a crash below 20,000 points. Once the weekly repair is complete, we will see if the monthly chart can form support.
Currently, the monthly chart has already formed a major downward trend, with the BOLL middle band currently acting as support, which also aligns with my statement that the market will maintain a 85,000-97,000 zone for oscillation.
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BTC from a medium to long-term trend perspective will still fluctuate.
This fluctuation mainly stays within the 85,000-97,000 range.
Why does it still fluctuate? Because retail investors "still have money"! Everyone's funding situation is transparent to institutions and exchanges. Your position data is aggregated, like four people playing cards at a table, three cheating while one gets eaten. 【This is psychological warfare and experiential reasoning】.
【Technical analysis】 The daily chart has completed support and rebound technical repairs.
Three-day — weekly K, has not yet been repaired, which means before December 20, there will be no occurrence of a crash below 20,000 points. Once the weekly repair is complete, we will see if the monthly chart can form support.
Currently, the monthly chart has already formed a major downward trend, with the BOLL middle band currently acting as support, which also aligns with my statement that the market will maintain a 85,000-97,000 zone for oscillation.