4h chart 📉 confirms the shark formation breakout, with the downside target focusing on the 0.618 level from point c to point d (104200). If this level is broken, the final downside target will be set at 0.786 (102500). In the larger structure, 102500 corresponds to the bottom of the 4h triangle oscillation; as long as there is no entity breakout, the price can still maintain oscillation within the triangle. In the medium term, the expectation remains bullish 📈. If there is an entity breakout, a larger trend reversal will occur.
Intraday short-term aspect: Following the continuation seen in the 4-hour level 📉, it is recommended to build positions between 108500-108900 #币圈 #稳定币GENIUS法案新进展 #DeFi借贷TVL历史新高 .
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#BTC
4h chart 📉 confirms the shark formation breakout, with the downside target focusing on the 0.618 level from point c to point d (104200). If this level is broken, the final downside target will be set at 0.786 (102500). In the larger structure, 102500 corresponds to the bottom of the 4h triangle oscillation; as long as there is no entity breakout, the price can still maintain oscillation within the triangle. In the medium term, the expectation remains bullish 📈. If there is an entity breakout, a larger trend reversal will occur.
Intraday short-term aspect: Following the continuation seen in the 4-hour level 📉, it is recommended to build positions between 108500-108900 #币圈 #稳定币GENIUS法案新进展 #DeFi借贷TVL历史新高 .