#BTC First, look at the daily chart. It continued its downward trend last night, but didn't break the daily Bollinger Band support. The overall market hasn't deteriorated. Don't immediately call for 80,000 or 50,000 just because it's falling. Only consider it after it breaks the support level, otherwise you'll always be a sucker.
- Next, look at the 30-minute Bollinger Band. From 116k to 106k, including a large rebound, it couldn't break the upper band. A breakout can be seen as a reversal signal, but a valid breakout above 112k is a sign of consolidation.
- ⚠️ Pay attention to the second-day rule. Like and reply with "1" if you understand.