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$BTC Afternoon Analysis of the Second Child
Compared to the eldest, the second child's upward space is too small, with no breakthrough and instead falling back even lower. In the morning, it barely reached 1745, almost hitting the target level of 1750, but then a quick pullback wiped it out. However, there's no need to worry excessively; a pullback always accompanies a rebound, just be patient and wait.
The four-hour Bollinger Bands are generally flat, and the afternoon pullback is higher than the previous low point. Although the bullish momentum is still there, the strength is clearly insufficient. First, see if the 1750 target can be broken. Seize the opportunity; after an upward move, a pullback is inevitable. Pay attention to stop-loss management.