BTC has returned to the 4h channel after reaching a high, as well as within the 1h small cycle structure. It was mentioned that 📉 breaking 104k we are mainly short in the small cycle.

It can be seen that the rising trend line under normal coordinates has been tested once, and currently this trend line basically coincides with the middle track;

Therefore, the thought process can be much clearer:

As long as the middle track support is effective, the bullish trend still exists;

If the price breaks below the middle track and trend line, but does not break the range support, it will continue to oscillate;

Breaking below the middle track, trend line, and the current lower range indicates the end of the bullish trend;

If the bullish trend ends, then the price is likely to go to the average support zone below the 4h channel and the next demand area, which is the 92k~94k range. #Strategy增持比特币 #MichaelSaylor暗示增持BTC