$BTC Trends and Predictions:
1. The green line represents a more optimistic scenario, directly initiating this trend. Yesterday's decline is the 3rd wave 2;
1. The news regarding the revival of fossil hands was quite concentrated yesterday, and the signs of manipulation were too obvious, plus the decline had little volume, which can be viewed as some retail investors were scared off by the news.
2. Assuming the 0.618 of the 3rd wave 1 is a standard stop, in extreme cases, the 2nd wave can even consume about 90% of the 1st wave; I just use 0.618 as a strong-weak dividing line.
2. The red line indicates that this rebound is part of the previous WXY, and it will continue to decline, forming WXYXZ.
3. The criteria for distinguishing how to proceed based on the above three situations is: the defensive position of 107200 mentioned yesterday;
If the market moves upward, whether it can break the previous high, and the strength of breaking the previous high. #美国加征关税 #非农就业数据来袭