Last night, while everyone was sleepwalking, BTC quietly broke the structure on the 4-hour chart. This isn't a big deal in itself.
Our current long positions are indeed floating in loss, but there's no need to panic. My judgment is that BTC will test that neckline again—that is, the one marked with a green box in the chart. This level is very important; it is the new local support formed after the recent structure was broken.
Just wait and see, the retest is right in front of us.
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TommyTeacher
· 9h ago
It's the same routine again, break first, then test. Same old pattern.
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MevSandwich
· 9h ago
Don't panic over unrealized losses; just see if you can hold that line.
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ShibaSunglasses
· 9h ago
Sleepwalking moment breaks through, this move is really awesome
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AirdropHunterZhang
· 9h ago
Floating losses, so what? When I went all-in, I had already set my psychological expectations, just waiting for this support level to rebound. Making big money quietly is all about mindset.
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DefiOldTrickster
· 10h ago
Unrealized losses, what’s that? Bro, I got cut in half during the 2017 wave. Re-testing the neckline? Waiting for it. The arbitrage opportunity is right here.
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SnapshotLaborer
· 10h ago
Unrealized losses are nothing to fear; it's just that you can't see the trend clearly.
Last night, while everyone was sleepwalking, BTC quietly broke the structure on the 4-hour chart. This isn't a big deal in itself.
Our current long positions are indeed floating in loss, but there's no need to panic. My judgment is that BTC will test that neckline again—that is, the one marked with a green box in the chart. This level is very important; it is the new local support formed after the recent structure was broken.
Just wait and see, the retest is right in front of us.