#BTC is a key position again
Bitcoin is at the previous high position again, and the amplitude is now smaller, and the shape is very similar to the shape from 23.11.20 to 30th.
There are large fluctuations after rising, and then the amplitude becomes smaller at the high level. The situation now is similar, but a little different. The previous obvious form during the relay process of rising showed greater certainty of the rise; now it is the form appearing during the high consolidation state, and the uncertainty is greater.
I personally don’t feel the need to participate, just assume and make a plan.
1. Successfully breaking through the previous high (there is a backtest pressure level in small cycles), indicating that there is still a small wave of market conditions. Personally, I think the amplitude is only 2/3000u. You can participate in altcoins with high trading volume with small positions.
2. It was high before the test and then fell back. The performance was difficult and needs further observation. Should it return to a large shock range or continue to fluctuate in a small range? If it is the former, it may fall below. If it is the latter, continue to refer to 1 and 2.
Personally, I hope to fall below the large shock range. After all, I have short orders due to previous mistakes.
