The current trend of BTC is that the 4h-level downward trend has not been completed. It has gone through three stages in total, and the strength of the third stage is obviously stronger than the first stage. If the 4h-level upward trend is made, there is no buying point at present.

Otherwise, after probing the previous 1h-level center, the 1h-level second buy will appear to form a small-to-large trend.

Otherwise, after the callback, it will continue to break the previous low to form a 4h-level buying point of standard divergence.

Therefore, from the perspective of the 4h level, BTC is still bearish at present, and there is no room for shorting, so we can only wait.

$BTC