Is this wave of correction a pie or a trap?

Brothers, this market is a bit interesting! This wave of Bitcoin perfectly illustrates what is meant by 'things do not happen more than three times.'

Overbought + top divergence + pattern pressure, three signals resonate, and the price indeed starts to pull back.

But don’t panic, a correction is not a bad thing; the key is where to enter?

Current situation: 4-hour level adjustment

Bullish counterattack signal: Keep an eye on 108,700; only if it stabilizes here can we consider the correction over; otherwise, it's just a rebound trap!

Upper pressure: 109,700 → 110,600 → 111,300, each step is a tough nut to crack.

What if it can’t break through? Then be careful.

The lower support at 106,800 is the short-term defense line; if it breaks, it may drop to 105,260 or even 103,800!

Wait for the 4-hour oversold signal, combined with a stop at the EMA55 moving average, to find a buying opportunity.

Observe the volume. If the decline has decreasing volume and the rebound has increasing volume, it indicates that the main force is quietly accumulating.

Are you waiting for the right side confirmation or preparing to bottom fish on the left side?

If it falls below 105,000, will you stop loss or increase your position?

Want to know my specific strategy? See you in the pond 👇

1140478860112478197476