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🎈Wake up—Bitcoin is in a waterfall, check if your positions are still there?
The warning was already released in advance on Friday night
Do not chase the rally; the results now prove that chasing longs has trapped you in a long position
Back then, on the four-hour structure chart, the RSI was severely overbought and needed a pullback
After the price broke through the previous high, the price also had divergence with the MACD
The suggestion was to place a sell order to short when the price broke through the previous high, at 735-738
Yesterday morning, the high was 73430, just about to enter
Fortunately, that night provided an opportunity to push up to 73700
As long as you placed the order, you basically entered
Now this move—almost 3000 points of room—are you comfortable with it?
The four-hour uptrend has already broken down
If the closing price cannot hold above 72300, the market will continue to fall
Below 70000, around 69600 $BTC #Gate广场四月发帖挑战