Recently, BTC has experienced high-frequency turnover and wide-range fluctuations at the bottom, which are typical characteristics of a secondary shakeout and accumulation by the main force. Some early chips have been shaken out, and new bullish funds are gradually taking over, indicating that the bottom structure is still being built.
During the turnover phase, the market is difficult to develop a unidirectional trend. Even if small-scale 5-wave patterns appear on the technical side, the upward potential remains relatively limited.
Trading Strategy: Currently focusing on short-term trading, buying low and selling high within the long and short battle zone, and patiently waiting for the bottom turnover to complete before making a directional choice.
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#BTC Main Force Rhythm Update
Recently, BTC has experienced high-frequency turnover and wide-range fluctuations at the bottom, which are typical characteristics of a secondary shakeout and accumulation by the main force. Some early chips have been shaken out, and new bullish funds are gradually taking over, indicating that the bottom structure is still being built.
During the turnover phase, the market is difficult to develop a unidirectional trend. Even if small-scale 5-wave patterns appear on the technical side, the upward potential remains relatively limited.
Trading Strategy:
Currently focusing on short-term trading, buying low and selling high within the long and short battle zone, and patiently waiting for the bottom turnover to complete before making a directional choice.