●Let’s first look at the previous article comparing the BTC trend:
1. From the mention on the 20th to the 15:00 high point on the 21st, it turned bearish, and the article at 23:00 on the 21st mentioned continuing towards the consolidation low point. Subsequently, it was mentioned at 13:00 on the 22nd that the consolidation low point has been established.
2. Just now at 10 PM, it was mentioned that someone is going to cause trouble. If it falls below the consolidation low point from 1 PM in the afternoon by midnight, there is no need to panic. Subsequently, the price immediately began to decline.
3. It was just mentioned that the trouble has ended at 0:00 on the 23rd, and we can see that it has turned bullish from the low point.
●Looking to the future:
1. Next, pay attention to establishing a rebound high point after 8 AM.
However, it is important to note that a high point does not equal a high price; one should not use a new high or the highest price as a definition. The high point is defined by the main players, not by price. Here, only when the main players show up to establish a rebound high point will it be considered a high point. Anyone who wants to determine the high point for themselves is free to do so; for investors, unless they are the main players. If anyone dares to call themselves a main player, let us keep a close watch on them until they surrender, because a main player who hasn't taken action will not claim to be a main player.
2. The previous text mentioned that there is an important event on the 23rd, and this event is similar to the meaning that the bullish policy event is about to end.
There was a policy event that appeared once before that is about to end. This implies that a change in leadership has occurred, so this favorable policy is coming to an end.
This situation seems like someone will come forward to raise this event (policy). Will it be that when the event is mentioned, they are already perceived as bullish and buy in? But it is known that after it is raised, it will turn into an announcement of the policy's end, leading to panic selling that pushes prices down.
Therefore, if we look at it in terms of price, it is necessary to correspond the timing of the event. When the event is being raised, some people may be nervous and buy at market price. And when the event starts to discuss its conclusion, panic selling will become more intense.
Unless one pays direct attention to the event, they will not feel whether the price is rising. Otherwise, if one is unaware of the event, they will only focus on the panic-inducing news that arises at the end.
3. Conclusion: Pay attention to the situation of the main player establishing a rebound high point in the morning because this main player is also a participant in the event, and they may react to the event in advance. As long as the main player establishes a high point (if one can understand it), then the probability of immediate selling of the event is high, possibly even the initial buy-in being absorbed by this main player. Therefore, this main player relates to whether the buying power generated in the early stage of the event will short and eat up the long positions.
