📊#BTC Liquidity Request?

🧠From a structural perspective, after being resisted in the gray resistance zone (S/R), we quickly fell back. The yellow support zone also failed to provide the expected support, thus turning into a resistance zone. This area also has some attraction, so we need to be wary of a potential rebound.

➡️We tested the support level from two months ago. If it breaks below the low L, we'll likely see a rapid rebound, so shorting here is not recommended.

➡️If the low L is broken, it means we've continued the bearish trend. At that point, we need to pay attention to lower support levels, such as 70,000-745,000.

⚠️The new Fed chair will be announced today, so be prepared for potentially sharp fluctuations. Please manage your risk carefully.

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📊#BTC support and resistance?

🧠From a structural perspective, it's reasonable for us to encounter resistance and pull back near the resistance zone. However, the fact that it fell back before reaching the 90599 resistance level I'm watching indicates that the volatility reaction occurred ahead of schedule. If we continue to rise according to the current structure, then the resistance levels we should pay attention to are around 91888 and 94000.

➡️If we fail to continue the bullish momentum and instead retest the yellow support zone below (85400-87300), then this will be a worthwhile area to consider for going long.

⚠️This week is the FOMC meeting, so rapid fluctuations are reasonable. Please be sure to manage your risk.

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#Wolf_king88 $BTC
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