From today's overall trend, the situation for Bitcoin is slightly favorable for the bulls. As of the time of issuance, Bitcoin is below 106,000 points. This afternoon, Bitcoin broke through the 30-minute interval high, and the only consideration now is whether this breakout is valid. If it is a false breakout, then entering the market could be very dangerous. Currently, Bitcoin is in a descending channel on the 4-hour chart, and the overall direction remains bearish. To reverse this trend, a valid breakout of the 233 moving average on the 4-hour chart is a necessary condition; otherwise, any rebound will be regarded as a false breakout. My personal view: a large market fluctuation is about to arrive, so do not chase after rising or falling prices casually, and patiently wait for clear signals to enter the market.$BTC
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