The market ultimately chooses to continue maintaining a high-level oscillation! From the current 1-hour chart of BTC, the price has risen from around 104200 to above 106300, with multiple consecutive bullish candles, combined with MACD expansion, increasing bullish red bars, and an RSI that is overbought but not diverging, indicating a clear strong upward momentum in the short term.
The daily chart also forms a large bullish candle, breaking through the previous oscillation upper boundary (105800). Although it has not yet breached the resistance at the high point of 107000, the current increase in trading volume cannot be ignored, highlighting the dominant position of the bulls.
The most enjoyable trading scenario is this kind of oscillation range,
The market is clean, and both long and short positions can be analyzed based on structure, with clear trend boundaries.
Trading has a sense of rhythm, and both longs and shorts can find opportunities, as long as you are not greedy, not impatient, and do not predict.
Sufficient volatility, no rush in direction, allowing you enough time to plan your entry and exit.