#BTCBreaksATH Yesterday's D1 candle had a long upper shadow that swept up to the ATH (All Time High) area, then bounced back down and closed near the bottom, showing that there was selling pressure at the old peak. However, there is one point worth noting that yesterday's candle, despite strong selling pressure at the ATH area, did not break through the bottom of the previous candle, proving that the demand supporting the price is still strong.
* On the H4 frame: The demand is more clearly shown on H4 when an H4 candle appears with a very long lower shadow with maximum volume. Thus, the selling pressure when BTC reached ATH may just be a short-term profit-taking wave that caused the market to make a slight adjustment, so I still hold the view that BTC will break the peak in the near future.