From the current chart perspective, Old Huang is at 431. This 4-hour level solid candlestick shadow line has been hammered very deeply, with the lowest reaching 430, and the lower band of the Bollinger Bands is hanging below, indicating an absolute dominant bearish trend.


Tonight, do not blindly chase the bear. After such a rapid decline, there will be a "spring effect" in the short term, meaning an initial upward correction to test 435-438. However, this is only a correction, not a reversal.
Once this correction completes, as long as it cannot stabilize above 440, it will turn downward again. The key point is at the 430 integer level. If it touches or even breaks below today's low of 430, the next target will be directly towards 428-425.
In simple terms: tonight, watch for a rebound to 435-438. When the upward momentum $BTC stalls, continue to watch below 430.
BTC-1.94%
ETH-5.82%
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