$BTC Brothers, just woke up and the sky fell, a pullback of 2000 points. Don't panic, let's take a look at the market first.

1. Weekly Level: The weekly level is still showing a bullish direction, but from the weekly candlestick perspective, the closing prices have not broken through the 120,000 mark for several weeks. At first glance, it looks more like an adjustment and fluctuation here. During the pullback a few weeks ago, it did not break the central position of the first candlestick, so the probability of the market continuing upwards is still relatively high. From the weekly candlestick perspective, as long as this week does not consume the second candlestick and form a top model (which means it cannot drop below 114,000), the subsequent probability of moving north is greater than moving south. Therefore, from the weekly candlestick perspective, 114,000 is a key point.

2. Daily Candlestick: Because the daily candlestick has not completed yet, it looks quite scary for now. There's not much to say about the daily candlestick; we need to watch the closing at 8 AM tomorrow to know what’s next. If it can't close up today, the subsequent strategy may need to change. Pay attention to whether there is a rebound near 113,970; this position has a relatively small stop loss.

4. 4-Hour: Let's directly see what to do in the short term today. The 4-hour level has broken the upward trend line, indicating that the bullish situation is a bit dangerous now. You can try to enter a long position near 114,800, which is at the 0.786 level. Actually, I recommend entering at the 0.886 level, but in this short-term situation, this position may not necessarily come.