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This wave is still the awesome Huang Mao. Let's see if anyone still believes what this dog Huang Mao is saying. The downtrend has already started. Continue to rebound and short. Here's a simple analysis.
$BTC Simple explanation of the sudden plunge of Bitcoin!
Recent market movements are all Huang Mao's market. BTC hasn't stabilized above the channel support; it's still a good time to short on rallies.
Technically, two attempts to reach 69,326 failed—double top + Evening Star pattern. It was already time for a correction.
Now the key support is at 66,219:
If broken, look for the bottoming zone at 65,565–64,930. 64,930 is the critical line; if broken, a big drop will follow!
To rise, it must get back above 67,567.
Trading plan:
Break 67,621 with volume → go long;
If it falls below 66,708 and can't recover → short, with proper stop-loss.
Short-term resistance: 67,229, 68,421, 69,225
Short-term support: 66,200, 65,555, 64,935
$ETH
Hold steady above 2,076 → go long toward 2,126–2,150;
Break below 2,047 → go short directly;
If it bounces at 2,011 and holds, consider small long positions, stop-loss below 1,983.
Around 2,150 can short, break below 2,187 to admit mistake.
Go long at low levels around 1,972, stop-loss below 1,936. #BTC行情