We can also easily see that the overall trend direction is a bullish trend, so it will be smoother to follow the trend and go long.๐
๐ง From a structural point of view, after we break through the historical high, it means that the monthly level long structure is established, so I think it is reasonable for us to continue to rise above 88,000$.
โก๏ธAfter we complete the daily level target, there is the possibility of daily level adjustment. So there's a lot of divergence here, so we're entering a complex consolidation phase. If a new long structure can be constructed at this stage, then we will most likely continue to move higher and reach the weekly level target area.๐๐
Let's see๐
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๐ง From a structural point of view, after we break through the historical high, it means that the monthly level long structure is established, so I think it is reasonable for us to continue to rise above 88,000$.
โก๏ธAfter we complete the daily level target, there is the possibility of daily level adjustment. So there's a lot of divergence here, so we're entering a complex consolidation phase. If a new long structure can be constructed at this stage, then we will most likely continue to move higher and reach the weekly level target area.๐๐
Let's see๐
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
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๐ Join & Enjoy $30,000 in rewards: partner.bybit.com/b/59661