Big Opportunity! Possibly the Last Chance This Year!
BTC currently resembles the situation before the launch on April 7, first dropping and then testing the previous low again before starting a rebound. There is a possibility of a wave 3 on the weekly chart, and it’s advisable to gradually accumulate spot positions;
In terms of trends, the 4-hour, daily, and weekly correction waves have all emerged. The 4-hour SKDJ has formed a golden cross, and the daily chart is also hovering in the oversold zone at the bottom, ready to form a golden cross at any moment. During this bottoming phase, we will be watching for a second test of the 100300 support, with timing around Sunday;
In terms of news, Trump and Musk have temporarily reconciled after their public spat. Tonight, we have the non-farm payroll data, and based on the ADP and unemployment claims data from the day before yesterday, there is a high probability of favorable conditions for interest rate cuts. U.S. stocks are likely to rise tonight;
For the small cycle rebound, first look for the trend resistance at 105000, then it may start the second test;
