$MSFTB #MSFT If this round only allows me to keep one observation price, I would choose 494.675. The current price is 496.42, with +0.19% over the past 1 hour and +1.15% over the past 24 hours. The gains and losses around the central axis can help filter out a lot of intraday noise.
As long as the price stays above 494.675, it suggests that the pullback is still being controlled by the bulls. The next goal is to test the pressure at 498.78. If it falls back below the central axis, then the earlier strength would need to be discounted, and you should also prevent it from moving further back to 490.57.
Currently, +0.19% for the 1-hour and +1.15% for the 24-hour: the two timeframes have not formed sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for chasing or killing positions is lower. It’s better to confirm direction using the upper boundary, confirm support/continuation using the lower boundary, and treat the central axis only as the line separating strength and weakness.
For the next steps, there are three possible scenarios: if the price effectively holds above 498.78, wait for a pullback that doesn’t break, then reassess whether the move can continue; if it breaks down below 490.57, prioritize controlling risk and wait for new support; if it keeps oscillating around 494.675, treat it as range rotation and don’t repeatedly chase direction from the middle of the range.
Position management should distinguish between medium-term and short-term. For existing medium-term positions, first check whether the structure is broken; don’t let repeated intraday influence from a single 1-hour candlestick sway you. For short-term positions, execute around support, resistance, and closing confirmation. Those who are currently in cash don’t need to chase price in the middle of the range—waiting for clearer levels usually offers an advantage.
If the next 1-hour candle closes above 494.675, the structure will be more proactive; if it closes below, remain cautious. Which of these paths are you leaning toward?
#BitcoinThirdSingleBlockReorgInFourWeeks
As long as the price stays above 494.675, it suggests that the pullback is still being controlled by the bulls. The next goal is to test the pressure at 498.78. If it falls back below the central axis, then the earlier strength would need to be discounted, and you should also prevent it from moving further back to 490.57.
Currently, +0.19% for the 1-hour and +1.15% for the 24-hour: the two timeframes have not formed sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for chasing or killing positions is lower. It’s better to confirm direction using the upper boundary, confirm support/continuation using the lower boundary, and treat the central axis only as the line separating strength and weakness.
For the next steps, there are three possible scenarios: if the price effectively holds above 498.78, wait for a pullback that doesn’t break, then reassess whether the move can continue; if it breaks down below 490.57, prioritize controlling risk and wait for new support; if it keeps oscillating around 494.675, treat it as range rotation and don’t repeatedly chase direction from the middle of the range.
Position management should distinguish between medium-term and short-term. For existing medium-term positions, first check whether the structure is broken; don’t let repeated intraday influence from a single 1-hour candlestick sway you. For short-term positions, execute around support, resistance, and closing confirmation. Those who are currently in cash don’t need to chase price in the middle of the range—waiting for clearer levels usually offers an advantage.
If the next 1-hour candle closes above 494.675, the structure will be more proactive; if it closes below, remain cautious. Which of these paths are you leaning toward?
#BitcoinThirdSingleBlockReorgInFourWeeks
