17:00 Review: The $BTC support/resistance area identified around midday remains valid, but strong continuation has not been triggered yet. After 14:00, the low was about 85,735, without dropping into the 85,500–85,000 zone. The high was about 86,617, and it also did not break above 86,900 again. The most recent three complete hours closed at 85,952, 86,064, and 86,205 respectively, with the latest around 86,163 before 17:00.
The funding situation is still relatively stable: over the past 3 hours, open interest increased slightly by about 0.47%, and the funding rate is about 0.01%. Price did not continue to surge sharply, and positions also have not been noticeably withdrawn. This suggests that the digestion at the high level after the breakout is still ongoing, but there is no new direction confirmed yet.
Conclusion: Support remains effective, and the continuation has not been triggered. Since midday did not provide an entry plan, no trade was taken. For the next round of continuation, we should watch for volume expanding and a hold above 86,900. If it falls below 85,500, then focus shifts to 85,000; if the 1-hour candle closes below 84,400, then this breakout attempt is considered clearly invalid for the current cycle.#BTC #交易复盘 #Risk Warning
The funding situation is still relatively stable: over the past 3 hours, open interest increased slightly by about 0.47%, and the funding rate is about 0.01%. Price did not continue to surge sharply, and positions also have not been noticeably withdrawn. This suggests that the digestion at the high level after the breakout is still ongoing, but there is no new direction confirmed yet.
Conclusion: Support remains effective, and the continuation has not been triggered. Since midday did not provide an entry plan, no trade was taken. For the next round of continuation, we should watch for volume expanding and a hold above 86,900. If it falls below 85,500, then focus shifts to 85,000; if the 1-hour candle closes below 84,400, then this breakout attempt is considered clearly invalid for the current cycle.#BTC #交易复盘 #Risk Warning