#BTC 1H structure:
A rebound, which is the second tranche of rebounds, is more likely to be a 1H retracement. Let's see if the yellow pressure line can be broken through.
If it breaks through, it can still go to around 28500. If it cannot break through, it is estimated that the yellow pressure line area will be the highest point, and then it will continue to go down for the third 1H.
The strength of the third decline depends on whether it can be supported near 26800. If it is supported, there are two choices. The first one is to take the center of 1H, which is the position of 26800-28000. Or directly break through 28500 and go up for 4H, but the highest will not exceed 29000-29500. It is expected that it will be like this later to see how the pie goes.