Btc gap down at the open, watch out for the risk of a second correction.



This week’s opening, the big pancake gap down, was mainly caused by yellow hair remarks, and additionally the breakdown of US-Iran negotiations, crude oil soaring, and the pancake rapidly falling, causing the hard-won bullish sentiment to weaken again.

From the current chart, the 4H level shows a descending wedge pattern, a short-term top signal, so today the pancake will continue to be pressured, extending the decline, with a potential quick correction.

In terms of operation, Bitcoin 71,500-72,000 range, target around 70,000.

Currently, the Middle East situation changes daily, everyone should pay attention to the risk!
BTC-1,05%
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