BTC Analysis

1. The big coin has finally completed its fifth downward leg. We can view this adjustment as a three-wave correction, which may see a small rebound on the 1-hour chart before moving down again. However, overall, it has mostly played out;

2. Those who were stopped out from shorting yesterday should not be discouraged. Trading short-term with a coin like this inherently requires setting small stop-losses, as the volatility is not high. If you don't take a position, there's no point; if you do take a position, you must set small stop-losses. Therefore, it is normal to get stopped out during yesterday's news-driven volatility, which had a higher impact on the market;

3. The price has now hit the lower edge of the previous 100,000 round number range, and the structure is approaching completeness. In the short term, I am not bearish. Here, at the very least, there will be some hesitation.