#BTC complex consolidation phase
2024-12-26
Category: None

📊#BTC complex consolidation phase📊

🧠From a structural perspective, we are currently in the target area of ​​the bull structure, so the divergence is relatively large.

➡️From a cyclical perspective, if we want to continue the bullish trend, we should continue the upward trend after the formation of the ascending triangle yesterday. However, the results are not as expected, indicating that the upward potential energy has begun to exhaust. Therefore, if you want to participate in new long transactions, you need to pay attention to the opportunity of callbacks.

⚠️If we continue to break through the previous high, then the expectation of a pullback will be invalid, which means that a new long structure is established. At this time, we need to pay attention to the new long trading opportunities after the pullback.

Let's see👀

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