BTC

On November 21, BTC dropped to 80600, and that night it indicated a stop loss, after which it continuously showed signs of a significant rebound. The Gann time around 12.8 combined with the critical level of 91000 was validated last night — breaking through 91000 without looking back in the Gann time window, it surged directly to 94588.

BTC is currently experiencing a rebound against the decline from 126000 to 80600, observed at the daily level for now. At this level, the first wave of upward movement starting from 80600 may end at any time (red route in Figure 1). After a slight adjustment, there will be another upward movement of the same level to complete the daily level rebound, after which BTC will continue its decline at the weekly level, with the earliest point of this weekly decline possibly appearing in January next year.

If recent external factors drive BTC to continue strengthening, it may follow the blue route. Personally, I do not wish to see this trend; moving too quickly is not good. If it moves too fast, it may hinder entry opportunities later, and we cannot rule out the possibility of it completing the rebound in one swift motion.

From a broader perspective, the trend that started on November 21 is the segment within the box in Figure 2, and it has not yet ended.