Market Quick Review: #BTC



5F, currently in a medium bearish segment after a consolidation top divergence, has not yet produced a third type of buy/sell point. The original central axis has extended, and it has entered a vague state where it can rise, fall, or move sideways. Therefore, according to the operational guidelines for consolidation, we do not guess the direction at this level, but instead, we should use the second type of buy/sell points at a lower level to trade.

1F is in a period of consolidation and downtrend, forming a central position higher than the previous trend's central position, which is a dynamic structure that supports the bulls. Currently, the trend is in a downtrend phase where the bears are emerging. Therefore, the main trading opportunity going forward will be shorting after the three sells.

Trading suggestion: The higher level is in consolidation, with no trading opportunities. The lower level 1F has a short-selling opportunity, but due to the relatively weak downward momentum compared to the previous trend, it belongs to a weak structural trade. The position for entering the short sale should be light.
BTC1.27%
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