The evening trend first rebounded, and the market gained 500 points without a stance. It then dropped slightly at the low, receiving some pressure 🍑, and directly added more positions at the low. After that, there was a quick rebound, and once it came up, there was no desire to fight. After gaining 500 points in the market, a direct stance was taken, indicating that there is no continuity in the trend. This trend is like a paper tiger; it appears strong on the outside but is actually weak on the inside. A total of 2700 points have been recorded during the day.

From the current structural trend, the upward breakout from the narrow range has turned stronger, but after being under pressure, it has retreated while still breaking the previous low points. There is still no clear trend signal. The upper levels need to break 108900 and 109300 to establish a bullish trend and reach new highs, while the lower levels need to break 106600 and 106300 to establish a bearish trend. This tug-of-war is still uncertain, and there have been several instances of market fluctuations. The focus should be on the major players and the market fundamentals. It is very likely that major players will exit, leading to a sharp decline. In that case, we will also see weakness in the lower levels, so we should first observe the continuation of weakness in the smaller time frames. Once again, the trend is turning south.

In the early morning, the market is around 107700 to 108100, and look towards 105300. $BTC