Market Review: #BTC
1H, failed to upgrade to the nine-stage trend, but chose to leave downward. It is currently in a rebound after leaving, and is still in the three-sell position. Here I personally see a high-level consolidation. Therefore, whether it is an extension after the three-sell or a small turn to a large one, it makes sense, and the profit and loss ratio is also relatively general.
5F, in the departure stage of a consolidation trend, according to the structure, you can do a three-buy, but the departure stage increases too quickly, beware of exhaustion pseudo-three-buy, and those who have the conditions to watch the market can try low-long.
Trading suggestion: After the downward pin broke through the large-level center last week, it is currently in the process of repair. At this position, I still tend to form a low-level center to build a bottom, and will not pull it up immediately. Therefore, the trading idea should still be guided by consolidation. The method is to do more one-two types of buying and selling points, and less chasing three-buy.
All real big tops are formed by repeated impacts, which gives you enough time to react and judge. The V-shaped top will basically not constitute a real top in a large trend, just like the chance of a one-night stand lasting forever is basically zero
——Lesson 48 of "Chan Theory"