#btc In an ascending channel, look at supply, and in a descending channel, look at demand. Therefore, in an ascending channel, it is generally necessary to go long when the resistance or support level is reduced and the price is pulled back. In a descending channel, it is generally necessary to look at the T-shape, that is, panic trading, and someone takes over the market with great demand, stabilize, and then the JOC will reach a new high. If the demand does not come up, it will still fluctuate, and then the SOT will fall, falling to a certain position until new demand is stimulated. Of course, there will also be a situation where a big whale suddenly pulls and falls, simply to sweep away the liquidity of the stop loss set at the support or resistance level above or below.