#BTC The intraday trend has formed the third wave, a continuous three-wave downward structure. The first wave started to retrace from 792, with the high and low points of the retracement about 1700 points apart. The rebound distance is also around 900 points. Generally, a three-wave structure includes a correction in wave one, which is the counter-wave one. It roughly returns to around 766. Then, further consolidation occurs, and the rebound to 767 to 771 can be considered a consolidation. But if it weakens again and reaches the bottom slope, then it could be around 751 to 748. You can consider trading near this range.



Due to recent mixed news and a lot of impactful information, the consolidation game has become intense, and neither side will easily break the level. The range is also limited, making it unsuitable for a one-way dead hold. Instead, treat it as a range, stay steady, and keep the positions relatively small. After the Federal Reserve interest rate announcement tomorrow morning confirms the direction, you can follow the fundamental signals accordingly. #加密市场小幅下跌
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