Merry Christmas and welcome back. Last time, if you break the lower support line of the falling triangle, you can short it. And as the falling triangle is broken by rising prices, BTC will move in the other direction. The price of 46,000 has a strong support after five tests, but it has not been broken. If institutions are absorbing chips, they should absorb almost all of them, and the price may start a new sharp rise. The price has been rising all the way through many important pressure positions in the past few days, but don't rejoice too soon. At this moment, the latest support price is 49000 and 48000, and the pressure price is 51000. If the price does not break through 51000, we can not do long at will. If we want to seize the early rising opportunity, then we will take some risks.So now my advice is to pull back to 49000-48000 and go long in batches. Stop loss price position at around 46000, if the market callback and break through 48000, then we can basically determine the future BTC will continue to be in the 51000-46000 price sideways shock.
Be responsible for profits and losses.This view is for reference only.
Be responsible for profits and losses.This view is for reference only.
