wolf_king888

📊#BTC short structure is broken⚔looks to challenge the Front H

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BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
âžĄïžDuring a complex consolidation, the probability of a short top structure being established becomes lower and lower. Because the two short defense points here are broken, it means that the two short structure is broken, and there is no intention to continue the short.
So I think the probability that the potential double top structure holds has become smaller.

🧠Given that the short structure is broken and there is a small double bottom long structure here, we will continue to maintain the bullish view to do so, and when the price rewinds to the buy zone and the uptrend support line, this will be seen as a very suitable buying opportunity.

⚠Note that the reduced probability that the top short structure holds does not mean that it will not hold. If we break below the small double bottom long defense, we will still maintain the bullish view to do so, and when we break below the long defense, buy zone2 will also be regarded as an appropriate buying opportunity here.

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