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Today’s market feels very boring. Yesterday was also hard to trade, mostly old ladies climbing stairs and annoying. Today’s trend can only be speculated; it may be wrong, but the probability of being wrong is not high.
From yesterday’s market, we can see that 2316 and 2300 are strong support levels, and without fifteen-minute level oscillations, it’s hard to break below.
In the morning, a five-minute consolidation zone was formed at 2380-2346 (yellow box), which is the oscillation range around which today’s trading is based.
The fifteen-minute oscillation consolidation range is 2300-2385; in the future, the range may shift upward, but the lower edge at 2300 is fixed.
The current fifteen-minute trend is irregular, so it cannot be 100% confirmed that 2385 is the upper edge of the oscillation range.
Note that Bitcoin turned bearish yesterday and turned bullish today; as long as the 74250 level is not broken below, the bullish trend is still considered intact.