The secondary market heading eastward is filled with the unwillingness and resistance of the old forces at every point in time. Look at the big bulls of the Pie market that have experienced two structural breaks. Don’t they look like defeated soldiers who are fighting desperately amidst the difficulties?

Haha, many people ask if the general trend has turned bearish. In fact, Bitcoin is currently struggling in the range of (23300-25205), but it is not hopeless.

If it can maintain operation within the range, there is still hope.

If the range is broken, it is likely to be Barbie Q

For details on bearish expectations and bearish layout signals, please see yesterday's evening review [(Expected) Collapse Outlook and Layout! ], which contains exclusive air force script information and is very detailed. If you miss the opportunity later, you will definitely regret it.

Expectations are expectations, and they need confirmation signals to be established. At present, our focus is still on the story line within the defined range (23300-25205).

Let's take a look at the US dollar index, which overtly and covertly influences the trend of the pie:

Previously, in the bear-bull reversal topic, it was expected that the target of around 102 was correct. However, at the beginning of the year, after the local price formed a wedge, the expected rebound would cause the big cake, which had not rebounded much at the time, to hit a new low of 13333. Facts have proved that there is still a wave of decline behind it.

This also contributed to the large-scale rally at the beginning of the year.

The US dollar index is currently rebounding and is destined to fluctuate around 100 in the future. The current upward resistance is at 106.1, and there is still room for upward movement, which may lead to a band correction of the big pie circle.

This is an important basis for the above-mentioned [bearish expectations].

The actual trend still needs to be realized. The above are all expected analyses based on experience, but still subject to facts.

Look at short-term operations:

Long direction: low long to anticipate rebound, long chips in the range of 23300-22880, unified risk control to 23300 line, to ensure unbeaten or sure win. At the same time, if the price touches 24000 line, the risk control will be adjusted to 23719 line. (The strategy has not changed)

Short direction: Refer to the above strategy. If 22860 breaks, you can aggressively participate in the expected short layout. (The strategy remains unchanged)

Range operation direction: Strategy package [long spot or long low leverage: 22250 to 28000, geometric ratio, quantity 46], has achieved a fixed income of more than 19.6%, with partial retracement and shock, and the current total profit is about 11.7%. Today is the 11th day of the strategy operation.

Good night.