$BTC 📝🗒️ The large pancake early market daily closing has not exceeded the previous high, and the 4-hour chart has returned to the trend line pressure that was previously broken. Overall, the left-side high point has not been broken, but this segment that broke the trend line has formed a double bottom breakout at the neckline. The morning pullback did not break the level, and currently, the 15-minute chart is in a sideways movement, so we will look for details from here, in the 97540-97258 range. Breakthrough, pullback, and stabilize on either side to determine the direction; those who are cautious can wait for the critical 96700 level on the 4-hour chart.

In my opinion, the downside space is still larger than the upside at the moment. The weekly level here has three scholars showing signs of stagnation. After two days of sideways friction over the weekend, a bearish K line entity without exceeding the resistance level is best to leave an upper shadow. Combined with the 4-hour and daily structure, if the previous high is not broken, this pullback will not be small. Of course, this is just a prediction; the market still needs to be observed as it progresses.