The demand zone on the BTC 4-hour level has been broken, and a new secondary supply zone has formed near the midline. The spot premium has declined again, and it seems that a new low volatility range is about to form (the white dashed area in the figure).

Currently, the overall channel has not significantly moved downwards, and there is still a possibility of a rebound in the short term. If in two days the channel has clearly moved down and the price cannot stand above the midline like last Friday, we will begin to see a trend of downward fluctuations;

Initially, we can see a test of 108k, which happens to be the position of the blue average support zone.

Last night, I tried to catch the spike, but just now, after breaking the demand zone, I closed my position. The pattern is not forming at all, it is completely not forming..