#BTC Yesterday midday and evening kept indicating “Kong,” and in the early morning it reached 798, suggesting a possible stance to open or reduce exposure. After hitting the bottom, a rebound started. Here at 801, some space was given back, though there are also 1080 points. After that, even the short-term move almost gave it back, but in the morning it bounced back as expected, and the stance at 870 points held. Although it returned to around 810, it has already settled and dropped by 2000 points. This is the gap.

Currently, 811 is indicating “Kong” again and it’s still in the same place, but in terms of overall trend structure, the daily chart has been making consecutive declines and is under pressure, with a high possibility of three consecutive daily declines. It is also testing the daily chart’s Bollinger middle band support. What needs attention is the small resistance level at 813. A 200-point defense is enough. You can allow an extra 100 points to guard against a false breakdown.