My Opinion
With clear objectives and thoughts, the predictions from Xin Yi have already been made. As mentioned at midnight, the Bitcoin price around the 950 line can be considered a phase of market indecision. At that time, it was clearly stated that we must stay below 950-952 to continue looking for bearish continuation. Since it has closed at 956, the position of this bullish rebound, Xin Yi decisively aimed for a rebound, and there is already a space of 700. It has been said that the market is characterized by repeated washouts, focusing on short-term trading; with considerable space available, we can close half and feel secure. Since we already know that Bitcoin cannot withstand testing, and there has been previous pressure around 962, I must be cautious of the market after a breakout.
Referencing the daily line, if we stay above 962, we will continue to aim for 973-985. Conversely, if we cannot break through, it is very likely to be a trap set by the bulls.
From 957, look for a break at 972 - then target 985.
From 962-972, look below for a break at 936 - then target 917.
