Market Quick Review: #BTC

30M: The structure here is quite interesting. It's in a phase of consolidation at this level. After the second sell signal, the short side did not extend, but instead formed a third buy signal above the center, so we only trade what's happening now. Since there's a third buy, we just go long and see how far it goes.

5M: After a previous consolidation and bottom divergence, the price pulled back through the center but failed to break out decisively. Instead, it formed an expanding center at the same level, making the long-short power comparison unclear. But that's fine; since it's an expanding center, we don't guess the direction, just make short trades within the center.

1M: It's right near the upper edge of the 5M center. Observe the breakout performance at the two resistance levels above. Next, either the center shifts or a small move turns into a big one. This position is definitely not good for chasing longs. For shorts, if a standard trend first sell appears, then go short if there's divergence; if not, wait for a second sell to short.