Technical analysis by Jobs_lin about Symbol BTC: Sell recommendation (1/13/2024)

At this point I still think the trend is about to reverse1. The daily line has diverged2. Starting from an ascending triangle from December to January last yearIn the upper supply range, people are constantly shipping.Coupled with the subsequent false breakthrough and the upward shock in the following days,I don’t think retail investors can sell so much goods here.3. It touches the weekly line of 0.618 and is also the last escape point of the last bull market.There's no one in the trap here who would be so kind as to free them.#The cryptocurrency market has high risks, please carefully evaluate operational risksThis analysis is a personal comment and does not constitute any investment advice, so please refer to it with caution.So far, there has been no expected rebound.Instead, it fell directly below the ascending triangle range.Therefore, I think the strength of this trend reversal is quite credible.So there should be a new round of decline nextAt the same time, the main force shipping here (48000) should also start the next round of ambushing funds.The more likely position should be below 28,000(The range of sharp fluctuations in this round of rise)