Intraday trend review and summary: ⑥ planned rounds in total cut 6100 points. On the chart, price rose as expected, then it narrowly held in the high range.
① to ② in the early morning first rose strongly and moved sideways under pressure, lifting the parallel high point range; then it weakened, and the first set of ①-to-② cut/decline totaled 1680 points.
③ in the morning hit 810 in the 〇 (pause/decline), then in the afternoon it reached the target area and cut 2900 points at the 〃 stance.
④ in the afternoon it hit 844 in the 〇, added 850 in the 〃, then returned to the 841 stance area and cut 600 points.
⑤ in the afternoon it hit 841 in the 〇, and in the evening it cut 1000 points at the 851 stance.
⑥ in the evening it hit 851 in the 〇, and at night it hit 852 stance and cut/produced 100 points.
In terms of the trend, the 〇-head’s strong breakout above the high matches expectations. However, if volume rises too quickly and the range is relatively large, there will be some pullback. Since we don’t chase greedily during pullbacks, it tests one’s understanding and control of the trend. We’ve always stressed that catching countertrend moves requires caution; if you can’t do that, just follow the trend. In the evening, the 〇-head keeps breaking above highs, but there are multiple overhead resistance levels. With consecutive breaks, the momentum of the 〇-head has already shrunk. Therefore, we need consolidation and buildup, and since the price has deviated from the technical structure, it also takes time to correct and return to the trend structure. So don’t chase at the high; first look for range-bound consolidation. Wait for the low, then look for 〇.
For the upper range around 861 to 865 in the 〇 direction, look for the lower range around 841 to 838 in the 〃 direction; then at the lower end, look for another 〇 as well. $BTC
$ETH
#NEAR一周涨近80% #MultiversX计划协调硬分叉恢复 #Circle推出机构比特币抵押借贷 #比特币突破8.5万美元
① to ② in the early morning first rose strongly and moved sideways under pressure, lifting the parallel high point range; then it weakened, and the first set of ①-to-② cut/decline totaled 1680 points.
③ in the morning hit 810 in the 〇 (pause/decline), then in the afternoon it reached the target area and cut 2900 points at the 〃 stance.
④ in the afternoon it hit 844 in the 〇, added 850 in the 〃, then returned to the 841 stance area and cut 600 points.
⑤ in the afternoon it hit 841 in the 〇, and in the evening it cut 1000 points at the 851 stance.
⑥ in the evening it hit 851 in the 〇, and at night it hit 852 stance and cut/produced 100 points.
In terms of the trend, the 〇-head’s strong breakout above the high matches expectations. However, if volume rises too quickly and the range is relatively large, there will be some pullback. Since we don’t chase greedily during pullbacks, it tests one’s understanding and control of the trend. We’ve always stressed that catching countertrend moves requires caution; if you can’t do that, just follow the trend. In the evening, the 〇-head keeps breaking above highs, but there are multiple overhead resistance levels. With consecutive breaks, the momentum of the 〇-head has already shrunk. Therefore, we need consolidation and buildup, and since the price has deviated from the technical structure, it also takes time to correct and return to the trend structure. So don’t chase at the high; first look for range-bound consolidation. Wait for the low, then look for 〇.
For the upper range around 861 to 865 in the 〇 direction, look for the lower range around 841 to 838 in the 〃 direction; then at the lower end, look for another 〇 as well. $BTC
$ETH
#NEAR一周涨近80% #MultiversX计划协调硬分叉恢复 #Circle推出机构比特币抵押借贷 #比特币突破8.5万美元
