Daily market analysis - $BTC

The reference period is daily K. From the indicator point of view, it has not entered the oversold stage yet, and there is still a certain room for decline. The price has now reached the previous false break position, testing the support. I personally do not recommend the so-called bottom-fishing action here.

Anyway, if I personally want to enter the market against the trend, I must wait for the indicator to reach the oversold stage first, and then look for buying points at various supports. According to the 1:1 profit-taking theory of the box, TP1 should be between 49300-50300, which is the so-called unknown support.