1-6 Bitcoin Analysis:

Last Friday, Dan mentioned that once Bitcoin forms a head and shoulders bottom pattern, it will start to rise. However, from the daily chart perspective, the entire upward process is currently not accompanied by an increase in trading volume; prices have risen, but the volume has not. Therefore, Bitcoin is now close to the $100,000 mark, and if it breaks through $100,000 without volume, it could potentially signal a bearish trend.

Returning to the short-term perspective: from the candlestick analysis of Bitcoin, the left side of the 2-hour chart shows that the largest resistance range is between 102,500 and 103,000. When combined with the Fibonacci level of 0.618, this resistance also represents a potential Fibonacci retracement zone. If there is an opportunity to reach this area, Dan is still willing to attempt to short Bitcoin, which reflects Dan's more contrarian approach.