From a technical perspective, the support level's consolidation pattern is quite solid. Continuously higher lows signal a potential trend reversal worth monitoring. The key resistance level is near $600 —if it holds steady at this level and closes above it, it could trigger a strong uptrend.
At this stage of the market, patient waiting often yields better opportunities. Every pullback is a window period for building positions. Long-term holders now have the chance to demonstrate their conviction.
It's the same old higher lows pattern again, theoretically should work, but let me test out this smart trap first
$600 this key level feels like I'm about to get schooled again, Lu Ban's construction is ongoing
Every pullback is a position-building window, sounds just as tempting as those liquidated contracts I had before
BIFI Weekly Chart Shows Signs of Breakthrough
From a technical perspective, the support level's consolidation pattern is quite solid. Continuously higher lows signal a potential trend reversal worth monitoring. The key resistance level is near $600 —if it holds steady at this level and closes above it, it could trigger a strong uptrend.
At this stage of the market, patient waiting often yields better opportunities. Every pullback is a window period for building positions. Long-term holders now have the chance to demonstrate their conviction.