BTC Latest Market Trends

The overall operation is based on the fifth wave movement of the 4-hour level as the core judgment basis. Contract operations need to remain patient, and there is no rush to enter the market; wait for clear signals before taking action.

In terms of short-term trends, although the 4-hour candlestick structure shows acceptable performance, the KDJ indicator has entered the overbought area and is showing a downward turning trend. Short-term retracement pressure is accumulating. It is recommended to focus on the daily closing pattern; if a bearish candle forms, day trading will be safer at this time.

From the daily level, the 105500 level has become the current core support level, with prices triggering a mild rebound at this position. Although the KDJ indicator is in an oversold state, there has not yet been an effective signal to confidently go long. Two small bullish candles are insufficient to strongly prove a trend reversal. In the short term, it is still necessary to continuously verify the effectiveness of the 105500 support; currently, there are not sufficient conditions to open long positions at the daily level.

The operation of the fifth wave in the 4-hour timeframe does not conflict with the daily trend. If this wave pattern concludes completely, the daily chart is likely to form new bottoming patterns such as a long lower shadow line or bottom division, at which point the bottom-fishing signal will resonate, and that will be a quality entry opportunity worth seizing. #加密市场反弹 #Strategy增持比特币 #美SEC推动加密创新监管 #BTC