📊#BTC rebounded after breaking the bull defensive point. pump ❓

28 paź 2023

➡️First, the conclusion is given that the high probability is a fake pump.✔️

🧠Because the bull defense is broken, it means that the bull structure is broken, which means that there is not enough momentum to support us to go higher. And this rebound is because of the completion of the short target of the small double top structure, a large number of bears chose to leave the field, a large number of bulls entered, and the price naturally rose. In addition, we did not form a new bullish structure at the bottom, and the rise without a structure to support the driving force is only a rebound, and we cannot expect too much.

⚠️If we want to continue to rise, then we need to break through the two bear defense points above, or we will continue to fall.

Let's see👀

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