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The weekend market continues to move sideways. Please see the analysis for the future trend of BTC.

CN
横发会Crypto
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2 years ago
AI summarizes in 5 seconds.

The green line has already peaked. Due to the three-segment sawtooth shape of the green line, it is judged that 24901 cannot be the major bottom of this year (it is the previous part of an intermediate form). The white line is an adjustment to the green line, and after the pullback, there will be another rise. The structure of the pullback is usually a sawtooth-shaped 535 or 533 structure, with the pullback position usually between 26186-25883, and the extreme position between 25415-24901. 26337 is probably not the bottom of the white line. By observing the structure and strength of the pullback, one can determine what form the daily line will take here. Friends with short positions can continue to hold, as long as it stays below 26800, there is no problem. Friends with long positions should wait for the structure to be complete before entering!

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Selected Articles by 横发会Crypto

2 years ago
The market sentiment is still predominantly bearish from the 9th to the 27th.
2 years ago
Analysis of BTC Market Trends on 9/26
2 years ago
Yesterday's analysis indicated that the price remained below 26800 and continued to decline. BTC declined as expected.
View More

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