1D (Sky Map p1)

The price of the large box range that we have been paying attention to before came to the lower edge again yesterday. The box is a very simple structure, and the lower edge is the key position (support).
Yesterday's trading volume increased, the largest since May 1, proving that market trading sentiment began to increase and funds began to become active.#BTC

4H (4 hours p2)

Previously, it had been a negative/oscillating downward trend that lasted for more than ten trading days. Yesterday, it suddenly increased in volume and accelerated downward. The short-selling force began to be released, and panic sentiment also began to be released. The slope changed from the original 45-degree decline to a decline of about 70 degrees.
The release of power and acceleration of operation are usually one of the signals of short-term market stagnation.


1H (1 hour p3)

The stop-loss K-line that I had been waiting for appeared yesterday, with a large number of long shadows, near the support level, accelerated market conditions, and new lows, overlapping from multiple angles. At least I think it will be difficult to go much deeper in the short term.

Therefore, I have two plans for market expectations.
Plan 1
The market stops falling and turns to volatility. After a period of time, you can look for key positions when it moves out of the range. The market will also choose a direction to break through after a certain period of time and start to continue to run the trend.

Plan2
After a brief shock, the market continues to probe downwards, verifying the bottom bullish power again. At the same time, a bullish signal K-line appears. Then I will be more inclined to a market rebound (rebound, not reversal) trend.

Greed Fear Indicator
30 - Fear
The only day of fear in the past 30 days