It is still the four-hour key upward trend line. The price has not been able to break through, so it is likely to be a range-bound consolidation followed by a breakdown of the trend line📉 I expect a breakdown below, probably today or tomorrow, with another drop likely. Break the one-hour new high to stop loss, and consider short positions!
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Market Supplementary Analysis: $BTC (2026-2-18)
It is still the four-hour key upward trend line. The price has not been able to break through, so it is likely to be a range-bound consolidation followed by a breakdown of the trend line📉
I expect a breakdown below, probably today or tomorrow, with another drop likely. Break the one-hour new high to stop loss, and consider short positions!