$BTC

If yesterday's main view was to rebound after a decline, whether on the left side or the right side is acceptable, then today's main idea has changed.

9.71 is the turning point from the last rebound, which is the intraday resistance.

Continue to look bullish above the turning point of 9.3.

Draw a Fibonacci from 9.08 to 9.71 for the intraday.

Combine the Fibonacci levels to take short-term actions, so today's main idea is to observe positions, retrace to support for a rebound, with the upper level of 985 determining whether it will be a new high.

No matter how much analysis is written, it is useless.

The positions of those cycles are still valid; just because it goes up doesn't mean it's a reversal. The entry point near 8.9 in the larger cycle is still valid.

I don't understand why this segment is overly bearish; just look at Figure 3, the structure posted on the 26th.