Yesterday's 98988 was the high point of the super cycle 3-1-5-3-5-3 wave, and also the UT high point of Wyckoff distribution model.
BTC is in the super cycle of 3-1-5-3-5-4 waves, pullback to the 6-hour bbi, the short-term should still have the final rise, which is the super cycle of 3-1-5-3-5-5 waves, corresponding to the high point of the Wyckoff distribution model utad (expected on November 26th-27th)
The sign of the end of the supercycle 3-1-5-3-5-5 wave is a significant break below the 6-hour bbi (reduce position to 30% or below). But if it effectively falls below the 2-hour bbi, early warning should be given (take profit in advance for profit). Break below the 2-hour kc lower band is a further warning confirmation, take timely action to reduce position (continue to reduce position)
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Yesterday's 98988 was the high point of the super cycle 3-1-5-3-5-3 wave, and also the UT high point of Wyckoff distribution model.
BTC is in the super cycle of 3-1-5-3-5-4 waves, pullback to the 6-hour bbi, the short-term should still have the final rise, which is the super cycle of 3-1-5-3-5-5 waves, corresponding to the high point of the Wyckoff distribution model utad (expected on November 26th-27th)
The sign of the end of the supercycle 3-1-5-3-5-5 wave is a significant break below the 6-hour bbi (reduce position to 30% or below).
But if it effectively falls below the 2-hour bbi, early warning should be given (take profit in advance for profit).
Break below the 2-hour kc lower band is a further warning confirmation, take timely action to reduce position (continue to reduce position)