🚀[October 9 BTC Trend Analysis | Brother Lei's Technical Insights]

The current price of BTC is around 122,000 USD, and a typical head and shoulders pattern has appeared on the 4-hour chart, indicating significant pressure on short-term rebounds.

📉 Technical Structure Analysis:

From the chart, it can be seen that the price has formed a consecutive triple top around the 127,000 level, indicating a clear exhaustion of the bullish momentum;

The current K-line is operating below the downtrend line, and in the short term, it is in a rebound under pressure.

Resistance above: 125,500–127,000 range;

Support below: 117,300 first support (key defense level), if it breaks, it is expected to test the deep support in the range of 112,300–111,000.

📊 Indicator Tips:

The Long and Short Master Indicator has issued consecutive high-level short signals at the top, with volume divergence and weakening trends, and the bearish signals are gradually strengthening.
The current signal structure shows:
The short-term trend is bearish, with a focus on short positions during rebounds.

If it breaks below 117,300, it may further accelerate the downward search.

If a bottom reversal signal appears (green ball + volume increase), then consider the opportunity for a bullish reversal.

💬 Brother Lei's Viewpoint:

The adjustment after the recent rise of BTC has not yet ended, and caution is advised for short-term long positions.
It is recommended to maintain a bearish mindset and pay attention to shorting opportunities when the price rebounds to the trend resistance zone.
Main idea: focus on shorting during rebounds, and switch to long after a signal reversal.

📌 The above is Brother Lei's personal opinions and indicator suggestions, for learning and reference only, and does not constitute investment advice. Please operate in conjunction with risk control and personal position plans.