American stocks closed rise in all directions on Friday, pushing BTC above $85,000. However, the cryptocurrency market was volatile over the past weekend, lacking liquidity, and BTC could not continue to rise. At the same time, the Russian-Ukrainian conflict has not yet reached a ceasefire, and Trump launched a large-scale attack on Yemeni Houthis over the weekend, this 'black swan' event in the Middle East shocked the market. As a result, the price of BTC sharply plummeted, experiencing two weeks of continuous fall, retesting and adjusting, and the future Super Central Bank could be an important catalyst for changing the BTC market trend this week. With the upcoming meetings of the Federal Reserve and the Bank of Japan, the market may face serious fluctuations, so it is recommended to closely monitor PA on Monday and Tuesday to develop a sensible intraday or intraweek trading strategy.

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Over the past weekend, the market demonstrated a typical V-shaped rally structure. The price of cakes initially jumped up, then started to retreat, briefly falling to a minimum near 81900, and then sharply rebounded and rose all the way to 83800. It is evident that the price level of 84000 formed a clear resistance level. In the morning market wave, with an impulse breakthrough of 84,000, the price of the cake coin quickly jumped to 85,000, but unfortunately, the price could not firmly hold at this high level and soon fell again, fluctuating below 84,000. Explain that the bearish trend is obvious, and then look at the daily pie chart, which shows a small picture of the extension of the white line, but there is still a distance from the trend line above, the daily line looks more like a shock state upwards in the near future, the probability of a downtrend on the relay is low, after the early morning spike of 85000 to obtain a large amount of liquidity, for a small cycle and intraday perspective, first look at the correction, and then move to the next paragraph 📈, then do not make any changes to the next target; Moving to the hourly chart, the price range fluctuations began to gradually decrease, and the fluctuation range became smaller and smaller. In such a market environment, market sentiments are clearly biased in favor of bears. Since the current market structure has not shown signs of a reversal yet, and after the previous low point was retested, it is engaging in convergence, and a safe way to tighten the long position is to cut the lower boundary of convergence, patiently wait for a pullback, initially short, and then long.