The trend cost band has already broken below the lower edge, but Bitcoin's short-term distribution cost band lower edge at 73k has not yet been broken. It needs to break further below this level before accumulation begins.


Additionally, as the price has been rising over the past few days, the stop-loss band at high levels has stacked up around 76.7k. Once enough short positions are accumulated here, a cleanup is highly likely, which can serve as a medium- to short-term target.
Summary: After breaking below 73k, it will attract main force to defend the market until the price pushes close to the 77k high point, triggering the next medium-term correction. The specific level may not be very precise, but it’s roughly this logic, serving as the current main line of thinking.
BTC-0,68%
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