Wednesday: Repair Upward Continuation with Volatile Sentiment

The recent declines over the past two days are well known to everyone and are in a state of continuation. However, today's upward repair during the daytime has also arrived as expected, but there has not been a significant rebound. There is a certain demand for volatility in the rhythm here; regardless of bullish or bearish positions, one should not intentionally chase. The breakthrough still requires the upcoming news.

From a technical structure perspective, on the four-hour level, the price has entered a brief stop-loss phase as we anticipated, forming a certain volatile repair state. Currently, there is no continuation to the downside, but there has been no rebound during the recovery. The small cycle shows a certain need for box consolidation, and the volatile sentiment is evident.

On the one-hour level, the running channel has noticeably narrowed. After a price drop, recovery has occurred, and the bullish volume has a certain demand for adjustment along with the repair upward. The moving averages present a tense pattern, and the pullback sentiment in the short term is strong, but overall, there is still a demand for further upward movement.

In the evening, our strategy revolves around the volatile consolidation state, primarily focusing on going long at lower levels:

In terms of operation, I personally suggest going long in the 113000-113500 area, looking at 114300-114800$BTC #加密市场回调 #俄乌冲突即将结束？ #BitDigital转型 .