Daily market analysis——$BTC

The reference period is 4H. The current idea is actually no different from that of most domestic and foreign chart bloggers, all waiting for a retracement. When the market needs to determine the rising structure, there needs to be a higher low point as a retracement, but it is only the rising stage of the breakthrough market, and no effective retracement has occurred.

This is the so-called "see the bearish but don't go short", because in the rising trend, it is unknown where the price will rise before it is blocked and retraced, and the risk of shorting is high, so choose to wait patiently for the retracement to support, and go long with the trend. Personally, I will wait for the 4H Stoch RSI to drop to a low point before looking at it.