The current trend of Bitcoin has begun to fluctuate, and I will take this opportunity to explain the K-line to you.

《K-line Teaching》

K-line Bullish Reversal Pattern-Piercing

The piercing pattern is a bullish reversal pattern composed of two K-lines, which is caused by the rejection of the market due to the price decline. Unlike the bullish engulfing, where the closing price of the second day is above the opening price of the first day, the closing price of the piercing pattern is closed within the real body range of the first day, so the reversal strength is not as good as the engulfing pattern.

Here is how to identify it:

• The first K-line closes negative.

· The closing price of the second K-line exceeds the middle position of the first K-line.

· The second K-line closes positive.

Here is how this pattern is formed:

1. The first K-line, the bears are in control because the closing price closes below.

2. The second K-line, buying pressure intervenes, so the closing price is above (exceeding 50% of the real body), which tells us that the bullish power begins to appear. $BTC #AI与GameFi市场表现