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#BTC The intraday trend has been upward all the way, with the high directly reaching 783. Along the way, there were pullbacks, but each time pullback comes, it presses on and bounces again. The continuous four-day increase totals 6400 points, and it has been in public/open positions all along. Every entry point has been just right—this can be checked. It was clearly explained in the morning as well: after Monday’s volume expansion, there will be a correction. A day-to-day correction usually means three small green or red candles. After that, the volume expands again. So intraday, it has kept maintaining low bounces without changing. The expectation matches the movement, so once you understand the structure, it’s actually much simpler, isn’t it?
As for the overall structure formation, the “head” part shown is especially strong. It goes straight up like a rapid break, directly to above the crown head liquidation area. The concentrated area is in the 768 to 775 range. Then it pulls back again. As I mentioned in the evening, you shouldn’t pay too much attention to it. The highest was 788. If you chase at high levels, you need to control the amount—volume can’t be big; it can only be a small amount. And the next structure doesn’t have much to say. Time has already entered the weekend. The weekend is basically moving in a range, and especially on Saturday—Saturday is the slowest, basically it just trades sideways. On Sunday, bigger moves tend to happen only in the evening. These are all based on experience. Of course, sometimes it will “cause trouble,” but generally it’s only one of the weekend weeks every 2-3 months. So, next just watch the range.
On the upper side of the range, around 778 to 781, it’s “kong.” On the lower side, around 768 to 765, it’s “duo.” #Bitcoin price trend