$BTC In the battlefield of trading, people always move forward with contradictions - both feeling timid in the face of volatility and risk, yet unwilling to accept the status quo, firmly believing that they possess infinite potential.
A truly mature trader must possess two profound realizations:
First, the courage to break free from past shackles and start anew with a mindset of starting from zero;
Second, the ability to calmly accept the imperfections in the process and not be troubled by unfinished matters. Those who shine brightly in the field of trading have all gone through countless setbacks but still maintain their enthusiasm for the market, holding firm through ups and downs, growing through trial and error, and believing in the dawn's light even in the darkest moments.
After the afternoon market's dip, it has also aligned with our thoughts to show a certain rebound; the price has currently recovered to around 103500. The intra-day low long position has also gained 785 points and exited.
From the current hourly K-line structure, the price continues to oscillate in the mid-lower track range. Although it presents a downward posture, it has not formed a coherent downward trend and is currently caught in a sideways consolidation state.
Based on the evolving patterns of the market over the past month, whenever the market experiences stagnation or low trading activity, it often welcomes significant reverse fluctuations.
From this, it can be inferred that under the current low-level consolidation pattern, the short-term market is expected to start a rebound trend. It is worth noting that the price has shown strong resistance to decline during the downward process, and the bottom support strength is gradually increasing. From an overall pattern analysis, the recent price has shown different degrees of pullback after several attempts to rise, but this round of daytime pullback is nearing its end, and various technical indicators are also showing oversold signals.
In the evening, there will be a certain rebound strength,