@virginiacoverda
From the perspective of the trend line, after the red line breaks, look at the green line. The green line has not been touched, and the green line overlaps with a new low liquidity area in the oscillation range. This point will attract the price trend. Therefore, I think it is likely that we will soon see 94-95k BTC. After it reaches the point, it may rebound or fall through.
The logic of the rebound is that breaking 95k will establish this head and shoulders top, which will induce short selling, and after inducing short selling, it may pull the market. If it falls below, it will be a real head and shoulders top, and it will be broken. It will pull back to the first fib support of the large-scale upward trend, around 87k.
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