The demand zone at the 4h level for $BTC has been broken, while a new secondary supply zone has formed near the middle band. The spot premium is declining again, and it seems that a new low-level fluctuation range is about to form (the white dashed area in the figure).



The overall channel has not significantly shifted downwards yet, and there is still a possibility of a rebound in the short term. If, in two days, the channel clearly shifts downwards and the price cannot stay above the middle band like it did last Friday, then we will start to see a fluctuating downward trend.
BTC0.99%
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FomoAnxietyvip
· 21h ago
The earth floor has started to stock up.
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PanicSellervip
· 08-25 14:37
I won't give up as long as I don't fall!
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ChainChefvip
· 08-25 10:04
looks like btc's just got overcooked in the demand zone... time to reduce the heat n let it simmer tbh
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GateUser-beba108dvip
· 08-25 09:59
Don't say anything, just stop loss and leave first.
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ForkMongervip
· 08-25 09:50
lmao classic protocol death spiral... watch the liquidation cascade begin
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SerNgmivip
· 08-25 09:39
Are you going to slack off again?
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MidnightSnapHuntervip
· 08-25 09:37
It's doomed again in the middle of the night...
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