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Woke up to find BTC back at 76,000. Honestly, if the daily chart can’t hold above 75,000, I wouldn’t choose to go north now. Right now, it’s just high-level consolidation and recovery, with the main force deciding the direction.
What’s interesting is that the 4-hour level here precisely fits the head-and-shoulders top pattern, so friends who went short yesterday don’t need to panic—there will be opportunities to recover and get out.
If you’re not decisive now, all that’s waiting for you is getting hit from both ends.
Given the recent volatility in the crude oil market, I’ll give up on long-term plans and switch to short-term trading plus swings. $BTC