$BTC
Good afternoon, today's insights are a bit late, sorry everyone!
After a spike yesterday, the big pancake continued to rebound in the morning, all the way to the US market phase, rebounding to the 983 position, breaking the morning high point of 981, but the market quickly fell afterward, with a minimum drop to 943 in the early morning.
This morning, the rebound continues. From this perspective, it is similar to yesterday, but in terms of the strength of the rebound, today is a bit stronger, so we need to wait a bit to open a short position, considering entering around the US market time.
Similarly, it is necessary to note that there was a drop to 943 in the early morning and a second drop to 956, indicating that the short-term low points are rising, suggesting we are in a phase of oscillation biased upwards. After opening a short position today, we need to adjust our thinking slightly.
According to the 4-hour trend line on the盘面, today's entry point is around 985-988, looking for a wave down to the 970-960 position below. After stabilizing, we should reverse and look for a wave up.
See you in the live broadcast room at ten o'clock tonight.