$BTC

BTCUSDT

Perp

69,183.6

+2.71%

The current decline is the third segment of the decline starting from 76, with two possibilities:

1. It is a retracement of the rise from 60 to 76;

2. It is a new decline, continuing the decline from 98 to 60;

The judgment point is at 63400:

1. This point is the 0.786 retracement of the rise from 60 to 76, and is also the 1:1 ratio of the decline from 76 to 67332;

2. If it stops falling and rebounds above this point, the probability of adjustment is high; if it falls far below this point, the probability of a new decline is high.