$BTC last time added some friends who are trending too much. Today CN Bear updates more:

1. As per the previous plan, the BTC has tested the exact support area in red and closed the 4-hour candles accurately at 105k6.

2. Currently, it is recovering very weakly; if it wants to rise, it will likely test this section again and hold steady with the wicks for it to be okay (this part is for long and short to note).

3. Checking the option data, most people still seem to be betting defensively, but the max pain is at 116k, which is quite far from the current price. Therefore, we will observe whether it holds (as in point 2) and whether it recovers to 108k - 110k (this part is important for spot).

4. Next, a beautiful scenario will be 111k- 113k and finally the mark of 116k (will reassess when it gets here). In the long term, touching 116k and surpassing 120k will lead to a volume explosion.

5. Finally, there is a scenario that most people probably don't want, but those holding USDT are waiting for the lottery: breaking through the red area to test the final support area (bold gold under 98k-102k).

6. At this stage, just focus on accumulating BTC and ETH through DCA (because we don't know where the bottom is). Altcoins should only be entered after ETH and BTC confirm a return to an uptrend.

Good luck to everyone! 🍀🍀🍀