🧠From a structural point of view, the double top bearish structure at the weekly level is still intact, so the weekly level is a bearish trend, and its ideal target area still has a chance to be realized. We need to be alert to this possibility. If we can break through the turning point of 65,000, it means that the reversal structure of the same period will appear, and the double top bearish structure will most likely fail. If that happens, then we have a chance to challenge all-time highs.
➡️From a graphical perspective, we have gone through a complex consolidation phase for about 6 months, and we can clearly see that the prototype of the bull flag has begun to take shape. I believe that it will not be long before we can see good performance again.
Let’s see 👀
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