Yesterday, after the bullish observation point at 72,800 was broken, the price continued to fall. This break signaled that the upward move from 65,000 had ended. The next goal is to challenge the blue trendline.
1) The 4-hour resistance zone at 73,300-74,800, which is a bearish order block, can be used to place sell orders for short positions.
2) Today, the blue ascending trendline is around 69,500, providing some support.
3) In the future, if the blue trendline breaks downward, the subsequent targets will be 63,000 and 59,800.
This analysis comes from a certain blogger, who shares the
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