Yesterday, I marked out that the big pie is currently in a range oscillation, and provided the approach for the range, with clear high short and low buy key positions and stop losses. There has been almost 2000 points of profit from going short until now. Be patient and wait for a price reaction around 100000-101500. Once a spike occurs, it will be a great entry point for going long. The risk point is at 8 AM on May 18 when the daily line closes. If it breaks 100,000, it will form a daily death cross, and the structure will change from range oscillation to a high-level rectangular reversal structure, then we will need to look for buying opportunities around 93000.

#BTC走势分析
The bull market is just a bull market for Bitcoin, very strong, the trend hasn't ended yet. There is an upward trend on the weekly and monthly charts, meaning the overall direction won't change anytime soon. However, it's still necessary to look for good entry points on smaller timeframes and understand the current market state.

Currently, the 1-hour level has shown high-level consolidation, meaning it's oscillating within a range. As I mentioned before about trading in oscillations, buying high at the upper edge and selling low at the lower edge is relatively safe, and it's easy to set stop-losses. The upper edge is 105000, the lower edge is 101400. The longer the oscillation lasts, the higher the sustainability of the market, and the stronger the upward pull!