Notification

Key milestones this week
The triangle consolidation area for Bitcoin and Ethereum is also nearing the end
It’s not appropriate to keep bouncing up and down here
The trend reversal point on the 3-day chart for Bitcoin and Ethereum is also approaching
The breakout is expected this week
From a technical pattern perspective
The upper trendline has been touched multiple times
The lower trendline has been touched less often and only by a needle
Each time resistance is touched, it diminishes slightly
With so many touches on the upper resistance, it should have decreased significantly
Additionally, leverage is now unbalanced, and there are too many shorts. Even if the longs are completely exposed, it’s not enough to absorb all the shorts. A strong decline to trigger long liquidations isn’t very meaningful.
If all these short positions are closed, it could trigger passive buy orders
Overall, the probability of a bullish reversal is quite high
Village Chief’s analysis group, come on in, everyone come in

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Shenzi Chen Village Committee Party Branch