#BTC Yesterday’s price action was relatively slow, and it has essentially been a chronic range-bound consolidation. Yesterday morning first saw a spike and then a pullback, and by midday it gradually moved upward from the lows with a slow, range-bound climb; it stayed sideways around 760 until the evening, and then continued to stay sideways again until around midnight. After the Federal Reserve meeting, it was already said that the market action over the past few days hasn’t been very significant—of course partly due to the holiday effect, because trading is generally quiet during holidays. As for today, since it is Friday, there should still be a relatively large move.



In terms of overall structure, the daily chart shows three consecutive bearish days, followed by a small fragmented bullish candle as a correction; the correction is not a signal that the trend has changed. After the correction, it’s more likely that the move will continue. Like the first two weeks, the start of the week saw three consecutive bullish days, then a one-day bearish correction, and then on Friday it continued again with increased volume. So during the day, there is also an expectation of another wave of increased-volume downside, with the main gap unchanged.

Continue watching around 765, keep the defense at 768 unchanged, and look at the 749 to 745 area #美联储利率不变但内部分歧加剧
ETH-0.3%
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