‼️Dumping is not far away from us. This is not alarmist, because it is the general trend.
Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:👇
On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk management.⚠️
🧠Now that the event driving factors are in place, let’s analyze them based on the event expectations.
Then I opened the EMA technical indicator and simulated its possible trajectory, and made a surprising discovery: the death cross is about to appear! ! !
✔️We all know that technical indicators are delayed. When the death cross occurs, we may have missed the entire market opportunity.
In addition, we have been consolidating here for a long time. BTC is likely to break the wedge structure and start falling before the 17th.📉
let us see👀