$BTC Recently, the trend has been a slow upward fluctuation, and the upward amplitude is not large. It started to decline in volume during the evening, having continued for three days, which can also be referred to as wave 3. Wave 3 will have corrections, so after dropping in the early morning, it will go north, advancing to the 2200 position, and wait for a rebound before going south again. The question is whether this southward movement can proceed...

From the overall trend structure, the daily string of three consecutive negative days has broken the high-level large fluctuation range, and the trend is established as weak. Although the decline in volume is impacted by fundamentals, the fundamentals do not have strong continuity, as mentioned before. However, it has broken through, and the trend is undoubtedly weak, so the rebound in the weak trend will not be too strong. The possibility of a correction is greater, which also aligns with the correction after continuous volume expansion. Therefore, the rebound should be approached with a high entry.

In the afternoon, waiting for a southward move at 101900 can continue, waiting for the evening's efforts, observing 100700 to 99800 unchanged. #BTC走势分析