The trend has been unstable these two days, and I really can't make a move. I follow an iron rule in trading: if I don't understand the market, I won't move until I can understand it. I really can't understand Btc these two days, it seems to go up and down. During these two days, I denied myself many times, and I didn't move when I found myself confused.
Let me first say the conclusion: Today's trend has become gradually clear. BTC will rise to around 103,500 today, and then enter a sideways consolidation again.
At present, BTC's 4-hour level line has come out of a base similar to an arc. I think it has begun to move to the right half. The decline depends on the rate and continuity of the decline. It stopped abruptly after a negative line yesterday. This is not a signal of a stage top. There is obvious market protection behavior. The consolidation near 96,000 has caused a phenomenon of both up and down, but the 15-minute level line has a signal of the center of gravity moving up. Moreover, the appearance of Yin and Yang staggered, the bottom of the four-hour level line is a rising three-method
The following figure shows the operation of the rising three methods
Combining these signals, my prediction is that BTC will rise. When it rises to 103500, it will enter a consolidation period. The consolidation time is roughly the consolidation time on the left (the left and right parts in the black box). Now you can build a position in the Trump series and the recent narrative ecosystem (for example, the hype ecosystem, the op ecosystem, and the unichain).
PS: I advise you not to short sell. It is normal to think that I am talking nonsense. Everyone has his or her own experience. But please wait and see whether the market rises today before deciding on the follow-up.
Special PS: Don’t trade if you don’t understand the market. This is garbage time and you can’t pick up gold during garbage time.
