If it breaks below the lower edge, it will trigger forced institutional liquidation selling, leading to a larger decline. There are two specific scenarios to analyze.



One is that after breaking below the cost band and returning to within the cost band, it immediately sells off, and after the sell-off is complete, the price will definitely experience a sharp decline.

The other is that after breaking below the cost band and selling off immediately, the buy orders cannot absorb the huge sell orders, and after a few sideways candles, it drops sharply.

In summary, as long as the candlestick body does not break below BTC 69,727 and ETH 2,145, the trend remains normal. We expect BTC to reach 73,000 and ETH to reach 2,300. However, once it breaks below, a larger decline will follow.
BTC0.52%
ETH0.1%
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