$BTC 12 points closed, let's take a look at the trend of 👀pie.

🏁4-hour level, yesterday it fell below 101817, and the rebound did not break 102235, so I opened a short position on the right side. My own short position, because I had to sleep and could not watch the market, closed the green K at 12 o'clock, but did not go long.

This wave of decline has gone out of the third year of high school at the 4-hour level (I ignored this point yesterday and did not remind that there would be a deep correction). From a structural point of view, it has not completely gone bad, and there is a possibility of a head and shoulders bottom, and the right shoulder has not fallen below the left shoulder.

✍🏽 The current operation idea is to go short at highs if the rebound does not exceed 97950. Don't chase the short position at present, it is near the monthly support of 96400 and the weekly channel support of 96100.

If I go long, I will at least wait until it stabilizes at 97950 and does not break back, or goes out of the bottom structure (that is, the double bottom or triple bottom breaks through the neckline and does not break back) before entering the market.

If the closing line effectively falls below 96450, the intraday support level is around 94800, 94200, and 93000. If it falls below, this head and shoulders bottom will not hold.

🏁At the daily level, the big Yin line engulfed the big Yang line on the left, and there was a false breakthrough. If the closing line cannot close above 96960, the direction will continue to go down. The head and shoulders top at the daily level is established when the closing line closes below 93000 (93000 is also the left shoulder of the 4-hour head and shoulders bottom. There is a possibility of a stop-loss signal here and then going up to point C). The support below is around 89000, 86500, and 85500. Don't place orders aggressively on the left. How many left-side traders love to place heavy orders without stop losses? 🫠

✍🏽I wrote about the various possibilities of the disk path. If you can understand it, even if you go in the wrong direction, you can also know where you must stop loss. Don't be reluctant to stop loss. Stop loss action is a necessary part of the trading process and is life-saving. The lost part can be earned back in the next transaction. Why bother to carry orders day and night? 🫣