Market Quick Analysis: BTC 1F - T0
Focusing on the current downtrend structure of BTC, we can clearly see three central layouts in the chart. The purple one has expanded and upgraded to a 5F center, while the blue one is a 1F center, presenting an aAb trend pattern overall. The initial rebound last night was a response to the departure from the 5F center, but the magnitude and strength of this rebound pale in comparison to the subsequent downtrend, and bearish signs have begun to emerge. At this moment, it is essential to remain calm and continue observing the trend structure to determine the subsequent trading direction.
Trading Tips: It is advisable to wait and see.
The current area may evolve into a medium bearish zone, making the market trend unclear, or it may continue to expand towards the center. However, regardless of which direction it takes, the hope for upward movement in the short term is extremely slim. Therefore, do not act rashly; be sure to wait until the trend is clear and certainty emerges before looking for an entry point.
