BTC may exhibit non-standard movement changes today.
The surge and drop that started last night was quite strong, breaking through the consolidation range of the past two days. Subsequently, a new classification of the 4-hour center sideways turning point has emerged.
The 4-hour extended center has been established, and it is now creating a new short-term low. If the subsequent rebound does not return above 109000, it will form the third type of sell signal for the 4-hour extended center. Therefore, it can be confirmed that the daily level has transitioned from small to large, and the daily rise that started from 7 may directly end.
Given that the daily center starting from 7 has not yet emerged, there is a high probability that there will still be an opportunity for a second type of sell signal at a high level.
If the rebound today is strong enough to return above 109000, it can continue to fall back into yesterday's classification, and after creating a new high, we will watch for divergence to continue trading.
Therefore, whether the 4-hour movement can return to 109000 today is a critical watershed.
