A day has passed, and Bitcoin $btc has basically not changed; it’s like still water with no waves. The levels and intraday views can even be directly taken from yesterday... In the triangle zone, we can only make short trades, with stop losses at the upper and lower bounds to seek a bit more space.
However, looking at the smaller time frames, this triangle is also nearing its end, and today it seems that more bulls have turned to the bear camp. Following yesterday's thought, if we can go down first in the next couple of days, we won't be looking directly below 99,000. The low points of 103,300 from a few days ago, especially the low points around 102,600, are the key areas to pay attention to.
If we see a volume spike with a quick break below and then a rapid recovery in the smaller time frame, we will consider trying to go long in these areas.
