$BTC
BTCUSDT
Perp
87,491
-0.24%
"Chasing breakthroughs will lead to friction"—the recent market specializes in various forms of non-compliance, and the current trend is a hell for trend followers.
After a false breakout on the four-hour chart, BTC plummeted by $3000, a classic massacre reappears. (Figure 1)
According to the theory of evolution in technical analysis, BTC has shown a 30-minute level top divergence, which is likely to trigger a four-hour level downward movement (which is also a segment at the 30-minute level). (Figure 2)
Operation strategy: Short selling
· 🎯 Entry range: 87800-88100 enter shorts in batches
· 🎯 Target: 86600 85600
· 🛑 Stop loss: 89400