$BTC has now fully fallen back into the 84K-94K fluctuation range maintained over the past two months.
The previous breakout announcement failed, and the current situation is not optimistic. Since annual candlesticks rarely have no lower shadow, there is always a possibility of a pullback (retracement) to the annual opening price.
In my opinion, rather than suffering through a slow decline, it’s better to complete this wave of adjustment as soon as possible. For now, I choose to continue observing, as there is no reason to enter a trade in this oscillating market.
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$BTC has now fully fallen back into the 84K-94K fluctuation range maintained over the past two months.
The previous breakout announcement failed, and the current situation is not optimistic. Since annual candlesticks rarely have no lower shadow, there is always a possibility of a pullback (retracement) to the annual opening price.
In my opinion, rather than suffering through a slow decline, it’s better to complete this wave of adjustment as soon as possible. For now, I choose to continue observing, as there is no reason to enter a trade in this oscillating market.