The BTC breakout on the 15-minute level yesterday was honestly quite hollow. There wasn't much Trading Volume support, and such baseless pumps often don't go far.
In my personal judgment, there is a high probability that there will be a pullback today to complete the technical pattern on the 1-hour chart. The target is around 90000, or possibly even a bit lower.
However, this is not a bad thing—pulling back to that position is actually a better opportunity to get in, with a more favorable risk-reward ratio. I still see the overall trend as bullish, but it just needs some time to gather strength in the short term.
It is recommended to wait for a pullback to be in place before considering entering the market, don't chase the highs.
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BearMarketGardener
· 12-01 18:22
Damn, it's this trap again... Every time they say it's a virtual pump, but then it just goes to da moon, I just laughed.
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SigmaValidator
· 12-01 00:49
Dare to boast when the volume is insufficient? Just wait to be slapped in the face.
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SellLowExpert
· 12-01 00:48
Damn, it's this set of excuses again, pullback pullback, every time it's said to enter after the pullback is in place, and what happened? Missed wave after wave.
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NftBankruptcyClub
· 12-01 00:36
90000 I'm waiting, this wave of virtual rise is really exhausting.
The BTC breakout on the 15-minute level yesterday was honestly quite hollow. There wasn't much Trading Volume support, and such baseless pumps often don't go far.
In my personal judgment, there is a high probability that there will be a pullback today to complete the technical pattern on the 1-hour chart. The target is around 90000, or possibly even a bit lower.
However, this is not a bad thing—pulling back to that position is actually a better opportunity to get in, with a more favorable risk-reward ratio. I still see the overall trend as bullish, but it just needs some time to gather strength in the short term.
It is recommended to wait for a pullback to be in place before considering entering the market, don't chase the highs.