#BTC will continue to fall?
2024-10-10

📊#BTC will continue to fall?

🧠We continued to break the support after rebounding in the support zone yesterday, so the support zone turned into a resistance zone. We are currently in an hourly downtrend, and the ideal target zone (57888-59433) of the short structure has not been achieved, so there is an expectation of continued decline.

➡️If we want to reverse the downward trend, we need to build an hourly long structure in the stage support zone (59663-60493), otherwise don't be too optimistic.

⚠️There is a long structure at a larger level, so don't rush to short. Even if you want to short, you need to wait until the price reaches the resistance zone before trying.

Let's see👀

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  BINANCE:BTCUSDT.P  