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5/20 Analysis of two structures for BTC medium term: Ultimately looking towards 123k
The first type is to continuously increase fuel with black falling lines, breaking upwards in a volatile manner.
The second type of red drop line: at this stage, due to the excessively high leverage ratio, we will first make a liquidity move before proceeding.
Although the red falling line is subjective and leans to the left, I still lean more towards the short term. The core reason is that I have not seen any positive news on the spot market.
The break in the structure of the small cycle also indicates a new direction is given, and I expect it to conclude within this week.
Feel free to share, just for entertainment reference. #SOL突破170美元 #BTC #ETH