#BTC #crypto2023

Recent views:

1. The weekly head and shoulders bottom pattern is valid, so a callback buying/adding strategy should be adopted. The buying range is from the current position down to 2.52w.

2. I don’t think this rebound is over. From the daily chip distribution chart, we can see that the bottom is still the area with the most intensive chips. We need to wait for the intensive range of chips to move upward before we can say that this rebound is over.