The BTC daily chart is in a descending wedge formation, and the upper trend line has undergone its fifth test.

If market expectations are realized, it may slowly break through with reduced volume, and after reaching the upper range it could suddenly accelerate. This kind of movement is characteristic of a bullish continuation that attracts short funds.

However, if this breakout fails again, we can only continue to wait until there is a clear breakout in either direction. A downward breakout allows for short selling, while an upward breakout allows for long buying.

It is important to note that after a long period of oscillation in a clearly defined range, the later the entry time, the theoretically higher the win rate for breakout trades, but at the same time, the likelihood of missing the breakout opportunity also increases. #Metaplanet增持比特币