#BTC

Daily Level: Support and resistance swap zone, MACD still below zero axis, current position is critical. Don't predict the market, respect the market. Currently, no reversal trend has appeared yet. The position in the last two days is extremely critical. If the support and resistance swap zone is broken, there will be a large number of short positions liquidated ( Shorts are also called buy to cover shorts, which will cause the price to rise rapidly ), resulting in the first major pullback in the bear market!

Current situation: In case of a breakout, there is still the possibility of a bull trap. The position marked in the circle in the chart is similar. Combined with false breaks and downtrend line resistance, the short trend will continue!