Yesterday's narrow range oscillation was followed by a slow downward oscillation. After reaching a low point in the early morning, there was a decisive move south, advancing 1100 miles, followed by a very short advance. Although the short advance has limited space, it's still important to observe the trend. This kind of volatility, similar to the weekend, doesn't need to be held for too long. Steady progression is what truly matters. So it depends on the type of trend and how to respond.

From an overall perspective, after a small increase in volume at the beginning of the week, it has continued to weaken. The low-level oscillation correction combined with the US-China trade situation has caused the hourly Bollinger Bands to form a 'crocodile mouth'. This kind of pattern often indicates that a breakout is not far away. There is still some rebound on the smaller scale, and if resistance is broken, it will continue and be strong. On a larger scale, the indicators still point to weakness, so a rebound will continue to be limited.

In the morning, we saw a move south from around 105100 to 105500, looking at around 12800 nearby $BTC #BTC走势分析 .