$BTC

A wave of main upward surge has sent away a batch of KOLs with positions, and some of my acquaintances have gone traveling. It’s not about getting on shore, it’s about preparing to dive in! (Actually, ever since I gave $1000 to follow the trades of the top players in the exchange rankings and they blew up, I've completely lost faith in following trades.) Sure enough, trading can only be done by oneself. Who isn’t losing?

To prove I’m still here, I will continue to livestream tonight at 8 PM.

The overall market is slightly lower than the previous high; if the head and shoulders pattern forms tonight, then it will be confirmed. The small-scale lines drawn yesterday are no longer valid. Today's updates have adjusted the small scale.

If it continues to consolidate sideways, it won’t look good! But the bottom channel should still be explored.

If we start to walk in a 3-wave consolidation tonight, it just fits—1138.

My long positions were moved to stop loss at 1175 and 1205. (Missing out on the one-sided market, making money is really hard)

If the altcoins have a sector rotation, and Bitcoin stays around 110,000-120,000 for a week or so, then there’s a chance for a slightly larger correction!

Mainly, we still need to pay attention to the support below! The main trend is still upward, although there are signs of a horizontal top, but we can only choose to continue entering on the right side!

For friends who have locked positions, here’s a thought plan:

If the triangle breaks upward, continue to lock, and if it breaks below the baseline, release the long positions. The intraday position should still be in the range of 1180-1185. Here, try to break below to exit, and then re-enter; don’t focus on the 1-5 minute charts, at least look for 15 minutes or more, otherwise your mindset will explode.