●Reviewing historical articles comparing BTC trends:
1. (Figure A) From the article mentioned at 20:00 on the 7th, it was stated that a second wave of sell-off speculation would occur at 23:00, and we saw a timely crash at 23:00.
2. Following that, the consolidation mentioned in Figures A and B was observed. After establishing the high and low points of the range, we see a downward consolidation.
3. Just now at 18:00, it was mentioned that the main forces appeared to handle the high points, and attention was drawn to the possibility of a break below for short selling. We just saw it break below immediately.
●Looking to the future:
4. As previously mentioned, the main forces may include deceptive situations, so caution should be taken regarding a V-shaped recovery.
5. Currently, the main forces will use two methods flexibly depending on market conditions:
The first method is to conduct another consolidation, leaning towards horizontal consolidation, which also requires establishing the high and low points for correct consolidation direction (the established low can create a new low as the consolidation low, and then the high point returns to the original price).
The second method is to see the price rebound directly.
Therefore, it can be inferred that there will not be a sharp drop like last night, but rather this will be dragged out until after 12:00 noon on the 9th to determine where this high point is.
$BTC