Today's video opinion (daily chart): Two expected structural deductions of BTC's mid-term structure:
The first move is a relatively extreme surge in volume upwards, breaking through the k before changing hands again, but considering the fundamentals, this kind of structure is not taken into account for the time being.
Second: Currently, a 4-hour bottom reversal has formed, but a large cycle reversal on the daily K has not been established. Therefore, this structure is a process of continuously building an upward trend line while raising the bottom, which also constitutes a multiple bottom. Eventually, it will form a reversal on the daily K. This type of movement will complete a handover and cleaning around 88k, followed by a pullback to confirm the elevated bottom, and then proceed upward! I personally prefer the second option #SOL 质押市值超越 ETH #BTC 能否突破90k?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's video opinion (daily chart): Two expected structural deductions of BTC's mid-term structure:
The first move is a relatively extreme surge in volume upwards, breaking through the k before changing hands again, but considering the fundamentals, this kind of structure is not taken into account for the time being.
Second: Currently, a 4-hour bottom reversal has formed, but a large cycle reversal on the daily K has not been established. Therefore, this structure is a process of continuously building an upward trend line while raising the bottom, which also constitutes a multiple bottom. Eventually, it will form a reversal on the daily K. This type of movement will complete a handover and cleaning around 88k, followed by a pullback to confirm the elevated bottom, and then proceed upward!
I personally prefer the second option #SOL 质押市值超越 ETH #BTC 能否突破90k?