2024.5.29 #BTC Market Analysis

(H1 Chart)

1) Currently it is oscillating around the blue range-eq, and it is still in a downward trend. First look at the bullish ob test of h4 below.

If it falls below the bullish ob of h4, pay attention to the hunting buying opportunity of 64500, and pay attention to the bullish ob buying opportunity of 6w3 d1.

2) It is still oscillating here, so pay attention to the price reaction after hunting bsl to obtain the upper liquidity.

If it falls below the range-eq, it will continue to fall and look at the bullish ob test of h4. If it falls back and stands firm on the range-eq after hunting, then pay attention to the short-term long position opportunity to see if it can continue to test upward.

PS: This article is only a personal opinion, not an investment advice, please be at your own risk