BTC Evening Perspective:
From the hourly trend of BTC (Bitcoin), there seems to be some subtle changes, as if it is "burning incense", full of uncertainty.
In this situation, blindly chasing highs is not a good choice, because if not handled well, one may encounter a sudden downturn in the market.
We can wait for the right-side market to confirm a break below before following up on the right side.
If one wants to take a position, currently there are no ideal levels to chase higher, and one can only consider entering when the price retraces to the left-side support level.
During this process, it is essential to pay attention to the changes in volume and set stop-loss orders, patiently waiting for suitable entry opportunities.
When the US stock market opens, Bitcoin is likely to experience a drop, as previously, when the US stock market declined, Bitcoin did not follow suit, maintaining a certain correlation.
Therefore, it is very likely that there will be a corrective drop today, as Bitcoin is still influenced by the US stock market to some extent, just like a younger brother needs to maintain a certain connection with his older brother.
Everyone should carefully observe the market charts, and if there are any unclear areas, feel free to ask at any time.
