Market Review: #BTC

This time, we take 5F as the starting point of T0 to see the overall microstructure of the current daily decline.

It can be seen that the large level is in the divergence position, and the yellow center T1 is upgraded in nine sections. It is a T2 T3 overlapping trend. The departure section has a non-divergence trend structure. The end pin is retracted to form a center. The direction of this center is unknown. It is the middle Yin area of ​​5F.

In terms of structure, the pin is retracted and the fifth divergence confirmation is made. There is a basis for small to large, but if the small level does not make the three buy confirmation, the upward attack on the lower track of the yellow center cannot reverse the trend. It is still in the three sell extension area. Therefore, it is necessary to continue to observe here.

Trading suggestions: The fifth bottom divergence of the large level is confirmed, and the small level pin is inserted, but there is no divergence. There is a little difference in the level direction. If you bet on small to large here, you can only make a light position to make a bottom position and use the pin point as defense. The real opportunity must wait for the right side three buys or three sells to enter the position. $BTC