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#BTC Yesterday, the sixth plan, just the fifth wave. Net 4,000 points. And after the intraday early morning dip of 800 points, it rebounded again, with a 1,200-point dip in the early morning direct trading, unfortunately missing the dip by a little, otherwise it would have been another double-hand dip rhythm. Recently, the trend has experienced three continuous oscillations, all of which are evening pullbacks, followed by intraday rebounds. Although the space is not large, I am optimistic about the range and paying attention to volume control to allow for oscillations back and forth. It’s also quite comfortable.
From the daily chart perspective, after a large bullish candle on the daily chart, there was a time correction, with continued oscillation at high levels. The high dips did not extend, and it’s also a region of dip battles between the upper and lower boundaries. However, the daily Bollinger upper band has extended again, and the extension has reached the liquidation zone of the dip, indicating that the space above has opened up, with a high possibility of reaching the dip liquidation zone. The correction has already lasted three days, so one side must break, making an upward breakout more likely, with continued pullbacks.
Near 746 to 742, look at around 769 to 775.
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