$BTC 5.15) Daily Insights (Day 25)

Total Profit and Loss: -150/500

Beep beep beep, the daily insights from Contract Uncle are derived from Wyckoff

The big coin has been testing the ice line, around 102300. If it breaks, it will come down to around 100600 to test the bottom; if it doesn't break, you can go long. If the main force wants to offload, opening a long position at 100600 is a better point, with a stop loss around 99800. The main force cannot give up the position all at once, so wait a bit longer, looking good for a drop to around 98000.

Suggested Order Point: Go long near 100600 for the big coin; if it breaks, a long-short conversion is needed.