5.30 Afternoon Thoughts

Recently, the price of Bitcoin has been fluctuating widely at the hourly level, with subsequent high points gradually decreasing, forming a converging triangle pattern. At the same time, there are dense long upper shadows, and a significant pullback has occurred on the daily level, with previous large bullish candles being gradually covered by bearish ones, indicating a shift in focus. Market activity is insufficient.

Operating Strategy: Buy low, sell high, and perform swing trading.

1035-1045

1070-1080