Bitcoin is slightly extending the timeframe to a 3-day K-line candle.
This is a corrective structure converging downward. So far, within this structure, we have corrected through 6 K-line candles, or about 20 days.
If the 3-day candle is undergoing a correction that converges downward, the daily candle should show an oversold structure to complete the correction expected on the 3-day candle.
As for the 4-hour candle correction, whether one, two, or three lows can meet this requirement and cause the daily candle to form an oversold structure is what we need to watch))
This is a corrective structure converging downward. So far, within this structure, we have corrected through 6 K-line candles, or about 20 days.
If the 3-day candle is undergoing a correction that converges downward, the daily candle should show an oversold structure to complete the correction expected on the 3-day candle.
As for the 4-hour candle correction, whether one, two, or three lows can meet this requirement and cause the daily candle to form an oversold structure is what we need to watch))