Analysis $BTC on May 17:

- D1 Frame: BTC closed the candle quite poorly. Yesterday, I thought about the scenario of BTC pumping strongly to break the upcoming downtrend. So I temporarily call everyone to exit all orders and wait for today's candle to close for certainty. And this morning I call everyone to short all.

The D1 chart has broken, so the creation of the bottom of the downtrend wave is about to happen.

- D4 Frame: The D4 chart is still in a strong uptrend. So this correction phase may not be as deep as everyone expects. Generally, the long-term trend is still upward, so everyone should consider whether to skip this short phase or not. It's been fluctuating all week.

- W Frame: I still maintain the position that this week will close in red.

=> Analysis:

- BTC will continue to decrease, creating the bottom of this corrective wave in the coming days.

- BTC will soon break out of the SW area and decline rapidly from today.

- Details of the price zones will be updated in the TL.

Wishing everyone success!