#比特币市场波动观察

1. The weekly candlestick pattern of a dark cloud cover has formed SOW. This week there are two scenarios: (1) a rebound to around 100250 in the middle of the bearish candlestick to test resistance, observe the formation of upper shadows.

(2) Continuing last week's downward trend, testing support around 89800. The first two scenarios, I believe, are just adjustments on the weekly chart, not the end of the bull market.

(3) In extremely rare circumstances, it may strike the previous high again and then quickly pull back. If this signal appears, I believe the bull market has already ended!

Regardless of which trend occurs, it should not be a time to buy the dip for the long term this week.

2. After a single candlestick bottoming pattern on the daily chart, it has not attracted more demand participation, closing two consecutive bearish candlesticks and operating below EMA30, forming a daily oscillation range of 93746-99630. It is recommended to switch to the hourly chart for participation.