Several perspectives to look at the current market of BTC.

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Triangle relay, it seems that the price fluctuation range has begun to narrow, a bit like the triangle relay pattern, pull the transaction distribution, VAH and the upper edge of the triangle can try to do short short, VAL and the lower edge of the intersection can try more short long.

However, this small triangle relay can easily develop into an upward channel, and low long and high short can be considered in the channel. It is worth noting that if the channel is established, it seems to look like a bear flag, and its 0.618 is around 60k, which is also an obvious support and resistance exchange position, and this also overlaps an integer plot.

There is also an extreme left inference, there is also an AB=CD pattern here, which is also very consistent with a perfect trend from the perspective of time distribution, and the completion position is about 50k, which is not only an integer, but also a support position of an upward trend line.

So the strategy is also very simple. Furious shorts go short at the upper edge of the relay triangle, cover positions at the upper edge of the bear flag channel, aggressive shorts place ladder short orders on the left side of the upper edge of the bear flag, and conservative shorts can try to cut in on the right side here. The first stop profit is placed at the lower edge of the channel, and the second stop profit is placed at the intersection of AB=CD and the large upward trend line.

For bulls, multiple important support levels have been tested many times, and it seems that the strength of the bulls is not seen, so short-term longs should stop profits in a timely manner.

I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~