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Beware! Fake breakout after 70 days of sideways trading in BTC, trend reversal signals have appeared
BTC has been consolidating sideways since February 6th, lasting over 70 days. Yesterday, the market falsely broke through the 76k level, then quickly reversed and declined, confirming a classic false breakout trap. With the false breakout pattern confirmed, the downside space has officially opened. Looking at the overall trend, the rebound momentum remains weak, and the mid-term bear market pattern remains unchanged. In terms of operation, it is crucial to adhere to a high-altitude strategy, as the price is in a high-pressure zone; do not blindly chase long positions. #币圈 # # Blockchain # $BTC $ETH