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Using the Book of Changes Eight Trigrams to Predict Bitcoin 1-Hour Price Movements $BTC
Technically, I should wait until 5 o'clock to confirm the hexagram, but I can't wait any longer. Opening a short-term intraday long position, which leads to two possible scenarios:
1. Upper Xun + Lower Zhen = Wind and Thunder Benefit Hexagram (Closing positive at 5 o'clock)
• Hexagram nature: Pure wood (Xun wood above, Zhen wood below)
• Today's fit: Perfect pass-through (Weekly water + daily water → water nourishes wood → wood generates fire)
• Result: Standard rebound signal
◦ Downward momentum likely to stop
◦ Easy to see a corrective rebound, attempting to rally upward
◦ Bullish has a clear window to exert strength
2. Upper Kan + Lower Zhen = Water and Thunder Disposition Hexagram (Closing negative at 5 o'clock)
• Hexagram nature: Kan water above, Zhen wood below (water + wood)
• Today's fit: Excess water energy, unable to pass through
• Result: Weak support, difficult to see a substantial rebound
◦ Downward trend temporarily halted, but bulls struggle to rally
◦ Mainly sideways consolidation at low levels, with small fluctuations
◦ Risk of a second bottom test, not a rebound signal
In one sentence:
Xun above indicates a rebound signal; Kan above only indicates a weak support stop.
So, if we want to open a long position now, the stop-loss should be set at the key K low point of 76,535.
Any resemblance is purely coincidental; we must believe in science.
#BTC # ETH #SOL