Good morning, brothers. Last week, the big pancake finally caught its breath and now has some room for maneuver.
Today, the weekly line from last week closed at $BTC , which has broken the previous weekly line's volume and temporarily ended the downtrend, creating a consolidation pattern.
Looking at the four-hour chart, we are currently at the resistance level of the descending trend line. It is recommended to wait for pullbacks at lower levels like 8.25, 8.15, or even 7.9 before entering; jumping in here doesn't provide good value for money.
The trending market hasn't arrived yet, so there's no need to worry about missing the opportunity; keep operations as conservative as possible!