Weekly Trend and Basic Trading Strategy:
The bear trend is likely to last about 2-3 weeks to complete the 4th wave correction.
Weekly Composite:
The weekly composite top confluence reversal and overbought reversal usually means that the market will go sideways to the downtrend for 2-3 weeks
Daily Composite:
The daily line is close to the bottom confluence area, warning that the daily low may appear in the next 2-3 days
Key Factor: Bitcoin wave 3 has reached the ideal range and then fell back, and the high point of wave 3 should have been completed.
Trading Strategy: The weekly high should be completed, but any decline should be a 2-3 week correction. Next, our goal is to determine when the low point of wave4 is completed and the bull trend is resumed again.