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Market Analysis: $BTC (2026-2-20)
The four-hour ascending trendline was tested once yesterday. After breaking the new low and pulling back, it is still testing the pressure level of the trendline for the second time.
It is not recommended to short again on the second test unless the pressure is confirmed to be successful and a downward trend begins, then consider shorting, because the four-hour MACD at the bottom has turned upward, and yesterday's four-hour candle closed with a long lower shadow, indicating a bottom reversal signal📈
Summary:
The probability is high for an upward breakout📈. Do not short easily; wait for a confirmed reversal signal at the top before going short~