$BTC Evening View:
If the large pancake (Bitcoin) at the hourly level is to form a W bottom pattern, it cannot fall below 94500. If it breaks 94500, the W bottom pattern is declared a failure. Conversely, it would form an M head pattern, which would be disastrous, going back to where it came from. Tonight, the US stock market is closed because today is a holiday in the United States, making it the weakest point for pancake liquidity. One can manipulate the market freely, so everyone should pay attention to risk; if the direction is reversed, one must stop losses.
🥛
Speaking through the chart: If it breaks and holds above 95603, then buy in; if it breaks below 95242, then short on the right side. Make sure to set stop-losses as shown in the chart; the take-profit levels provided in the chart are merely expected positions. It's uncertain whether it will reach those levels.
If there is profit along the way, feel free to take profit as you see fit; there's no need to rigidly stick to the take-profit levels in the chart. Patiently wait for the opportunity to enter; if it comes, act, if not, just watch.
