$BTC The day before yesterday, BTC increased by 2000 dollars, but yesterday afternoon it returned all of it, and the daily line finally closed with a doji, indicating that there is still a significant divergence. The 4-hour level price has also been pressed below the double moving averages, and the bulls are acting quite awkwardly.

Currently, the daily line position is stuck near the trend line, unable to go up or down, which is considered a relatively low position. KDJ has started to turn upwards, indicating a short-term need for correction. Therefore, my overall thinking this week remains unchanged, still leaning towards buying at low positions, for example, if it can return to around 84000, that would be a good position.

Currently, the main direction is still in a downward cycle, which cannot be denied, but the decline cannot be completed in one go; it often bounces back a bit before continuing to weaken. It currently seems more like preparing for that rebound rather than having already entered the main acceleration phase of the decline.

BTC

87,007.83

-0.63%