Postare
📉 Bitcoin has slipped below the 80k threshold, and the micro-structure reveals a critical pattern. The entire rally from 62k has formed a rising wedge, a classic bearish formation. Until the upper boundary of this wedge is decisively broken, the medium-term downtrend remains intact. The overarching direction still points toward a completed correction before the next leg higher. Patience is key here. 🧐
💧 Ethereum is telling a similar story. After its steep decline from the 4800 zone, the recovery bounce also took the shape of a wedge. Notably, the final wave failed to print a new high, and price has now broken below the ascending trendline. This confirms the corrective bounce is over. The short bias remains active, with the next target pointing toward lower support levels. That zone will be the area to watch for potential medium-term accumulation. 🎯
📊 The broader market is firmly in a corrective phase. There are no high-probability long entries on the lower timeframes right now. The disciplined play is to hold short positions and wait for the structure to fully resolve. Once the correction runs its course, the setup for medium-term longs will become much clearer. Manage risk tightly, and avoid chasing price action. The best setups come to those who wait. ⏳
Declinarea responsabilității: conținutul OKX Orbit este furnizat doar în scopuri informative. Aflați mai multe
Răspunsuri
Încă nu există niciun comentariu. Fiți primul care răspunde!