$BTC

From a technical perspective: Although the current structure is operating at a relatively low level, the overall structure still maintains a strong pattern. The current pullback can be seen as a technical confirmation of previous highs. Last week's candlestick formed a long upper shadow, indicating that upward momentum encountered significant resistance. After a series of strong breakthroughs, the bullish energy has been sufficiently released, and the decay of momentum has led to a pullback, entering a correction phase. This week, the market continues to show a correction and adjustment trend, similar to last week's closing rhythm. The difference is that last week's closing was characterized by a high-level sideways consolidation instead of a deep pullback (strong correction), while the current situation exhibits weak correction characteristics with price retracement. Old Chen suggests maintaining a bullish outlook in the early morning, but attention should be paid to changes in the correction rhythm. In a weak correction pattern, the strategy should focus on laying out long positions at support levels during pullbacks, avoiding the temptation to chase highs directly. #BTC再创新高