Three days ago, I published a post clearly stating that BTC has fallen into the 4th wave, and it is trading sideways. Generally, there are three forms of the 4th wave: wedge, triangle, and rectangle. The more common one is the wedge, but this time it is a rectangle. If it wants to break through 65,000, it is inevitable to step back to 61,500. Otherwise, if the accumulation of power is not enough, it will be difficult to pull it up without washing the long chips, so don't expect too much from the longs. In a short period of time.
You can see that the 1-hour AA volume is basically flat, a very standard shock. As mentioned before, the impact of the Fed’s interest rate cut only lasts for a week, which has passed and has been digested by the market. New news stimulation is needed.
The four-hour volume shrinks back to the channel line, and the longs wither immediately, and there is a high probability of short volume, although it has not been released yet. It is just that in terms of operation, it is no longer possible to do more. I hope everyone will not do more casually. Although the 1-hour is a standard shock, there is no energy at the large level.
If it goes up to 64800-65000, you can try to short it for the first time. As you know, I am very cautious when shorting. Generally, I don't participate. Here I share what I have seen with you for your reference.
It was the second day of the robot, and there was no notice at all. The market sentiment was very bad. I even suspected that the funds had gone to A-shares. After all, the stimulus was quite great in the past two days, and the rebound was also very strong.
#谷歌云与Solana合作 #新币挖矿已上线HMSTR #本周美国将公布PCE、GDP数据 #比特币盈利供应能否推动价格上涨？
I am not very knowledgeable, so this is for reference only!
