Last weekend, influenced by the fundamentals, there were large fluctuations over the weekend. Saturday was okay, but Sunday saw a direct increase in volume, which was what had been discussed all weekend, with the major movements happening on Sunday evening. Yesterday, it first went up, then both hands were involved. After that, there was a sweep of the upward trend. After going down, it again reached 900 miles. In the early morning, it went down directly without time to send a taxi. After reaching the low position, it moved up early in the morning to 2200 miles. It finally broke 100,000, but did not continue, instead it pulled back again, and it should have left quite a few confused. Not sure how to look at it again, so let’s observe the trend.
Overall, the trend structure has broken through a large oscillation range, but it has not been able to break through the parallel downward low points. However, the trend has turned upward, and the trend reversal is at the last rise and fall point of the 4-hour chart. As long as the rise and fall point does not break, the trend will not change, and it will continue to go down. The rebound seems strong, but in reality, the upward force is even stronger; it is just accompanied by a pullback, which can provide more downward space. Therefore, the trend is established, and we follow the trend.
The range around 101300 to 101500 remains unchanged, looking at around 98800 $BTC #BTC走势分析