If it consolidates for too long, it's easy to see a fake move; this is more about experience. Bitcoin $BTC surged in the evening, filled the four-hour gap, and made a peak, and has now been settled.
From the current price action, it satisfies what was mentioned in the morning about the volume spike breaking below the 102600 low and then recovering. So, there is a possibility of forming a bottom here; aggressive traders have no reason not to go long, and the stop loss isn’t far, just at the previously mentioned low point, making the risk-reward ratio very favorable. I have entered, and will continue to follow up after waking up tomorrow at noon.
