2024.5.24 #BTC Market Analysis

(H1 Chart)

1) Downward trend, you can see that two huntings were made, and the market kept fluctuating and falling. As expected, H4 bullish ob test was reached.

2) At present, after testing ob, it rebounded upward and made an eqh. There must be hunting here in the short term. It is also the weekend soon. Pay attention to the reaction after hunting. You can consider taking profit in the short term of the contract.

3) The spot is currently hanging around 6w7. Just buy here first, especially for short positions.

4) If it falls below, you have to pay attention to around 6w3.