BTC broke through its historical high on the day of Powell's speech, forming a dangerous elongated candlestick with high volume at the top, which is a clear signal of capital outflow from the top and may indicate a market reversal.

Any technical analysis is merely a probability game of predictions; the most important thing is to experiment with the lowest cost, hold on if you're right, and cut losses if you're wrong. Technical analysis is like a weapon; the weapon itself has no meaning; what matters is who uses it and how it's used.