ASR-VC Indicator 4h Channel Status Update:
Finally, after a period of mid-band fluctuations, the 4h line tested the lower cyan line of the fluctuation channel due to tariff news and the influence of the US stock market;
As the spot premium gradually increased during this pullback, I have become more optimistic about the market, especially since this pullback has relatively low volume compared to the left side.
Therefore, in the short term, we can expect the price to oscillate at low levels for some time before rebounding again...
However, many people have mentioned a CME gap below; adhering to the principle of believing in such signals, even if I see a rebound here, I will still be cautious about the gap-filling behavior, as that would allow the price to test the blue average support band.
Overall, the market in the past two weeks has followed a standard script of transitioning from a trend market to a fluctuation market. Since BTC's price broke below the ASR channel's yellow line and the mid-band, this rhythm has essentially been established.
The probability of continuing to maintain a range-bound oscillation in the next month is quite high, so it is advisable to focus more on swings and less on trends.