With a steady mindset, market fluctuations become a spectacle. Losing composure makes both ups and downs a torment. Thursday evening, Bitcoin rebounded from a low of 117,546, hitting 119,358 before stalling and resuming its decline. The Yidan Cake followed suit, rebounding from a low of 4,457 to 4,701 before coming under downward pressure. Yesterday, Yidan Bitcoin had 1,650 points of room to fall, while the Yidan Cake had 90 points. Ultimately, market fluctuations are a normal occurrence. Maintaining a steady mindset and understanding the rhythm is far more reliable than being driven by momentary fluctuations.

From the current market chart, the four-hour chart shows a four-day decline, with the price gradually approaching the lower Bollinger Band. While the lower Bollinger Band still offers some support, preventing the KONO from achieving a strong breakout, the overall pattern has undergone a substantial shift, and the trend is now under the control of the KONO. Looking at the one-hour chart, the market has formed two consecutive negative trends after a slight rebound. The Bollinger Bands are opening downward, and the space below has been fully opened. The guillotine continues to increase in volume, and the key support levels below have been lost one after another. The adjustment points are constantly falling, indicating that the downward cycle has not yet ended. However, all three lines of the KDJ indicator have entered the oversold zone. From this, it is speculated that the market will most likely experience a rebound first, followed by a continued decline. Therefore, the midnight operation recommends a rebound after the guillotine strategy. #主流币轮动上涨