This guy has been lingering in this position for quite a few days, with a bunch of dense pressure zones above. According to common sense, it should push down a bit 😂😂😂
With such a thick accumulation of resistance levels, the rebound space is limited, and the bulls need to exert more effort to break through. Anyway, from a technical perspective, the lower space seems more attractive. Continue to observe; signals for a reversal might need to wait a bit longer.
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ImpermanentTherapist
· 13h ago
With such dense resistance levels, breaking through will require some tough effort. I bet on the lower space, but this breakout still needs to drag on for a few more days.
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MidnightSeller
· 13h ago
The resistance level is so strong, it feels like the bulls are a bit exhausted. Let's wait for a breakdown signal.
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RetiredMiner
· 13h ago
The resistance level is so strong; if it can't break through, it has to go down. It feels like the real gold and silver are below.
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VirtualRichDream
· 13h ago
I'm bearish on this wave; with such a thick resistance level, breaking through is difficult.
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MiningDisasterSurvivor
· 13h ago
I've experienced this myself. Every time BTC lingers at a resistance level, someone is bearish, but then it suddenly breaks through the sky. I've seen this pattern too many times since 2017.
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LiquidityWizard
· 14h ago
The pressure pile is so thick, the bulls need to be full of strength to push through haha
#Strategy加仓BTC $BTC
This guy has been lingering in this position for quite a few days, with a bunch of dense pressure zones above. According to common sense, it should push down a bit 😂😂😂
With such a thick accumulation of resistance levels, the rebound space is limited, and the bulls need to exert more effort to break through. Anyway, from a technical perspective, the lower space seems more attractive. Continue to observe; signals for a reversal might need to wait a bit longer.