Monthly perspective, BTC formed a bearish PSC last month, so the expectation for this month is OHLC. If there is an increase in the first week of September, then we can expect the second week or third week to be the manipulation for this month (this is the Q2/Q3 phase where I want to trade within the monthly range). The weekly perspective is very clear (the expectation of DPT will create the upper shadow part of the monthly line, probably from the first week to the second week of September).
If the price goes up, I will pay attention to the price level around 113900 - 115000, removing the daily Buy stops, while also touching the premium area Daily SIBI, which would be a perfect two birds with one stone.
I told you that Monday would be a consolidation. A crucial part of trading is knowing when not to trade. Most people are not aware of this; aggressive offense doesn't mean anything, excellent defensive ability is the foundation of everything.
#BTC走势分析 $BTC The high time frame still maintains a bearish view. BTC 104500 is a position to be wary of. If the time conditions are met, when the price reaches this level, I hope to see a pullback on the weekly chart, and then I will make further additions (more clues are needed to determine). This week, the focus is on the trading days in the second half of the week, expecting the real volatility to start from Wednesday, waiting for the Monday closing price to form more clues (currently unclear whether the Weekly profile will be AMDX or XAMD, will add more later), the marked position on the chart targeted by DOL.
The recent decline in BTC can be seen around 105010 in the short term, which is the perspective of the 6-hour time frame, clearly indicating a market maker selling model. It is important to note that this is merely a target level considered from a risk perspective, as reaching the price of 105010 may encounter a pullback on a higher time frame. Once the price hits the target level, if the mid-term time frame shows signs of pullback demand, I will take profits on most of my positions and wait for the price to complete the pullback before looking for opportunities to short. Additionally, it is worth mentioning that the seasonal trend for September remains bearish.
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The high-impact events of this week will only appear on Thursday. In other words, there are no significant dollar-related events from Monday to Wednesday to drive directional price action. In such an environment, the market often uses the lack of catalysts in the first half of the week to build a narrative trap.
1. The bias on higher time frames remains bearish. 2. The increase that occurs in the first half of the week (Mon-Wed) should not be rushed to be interpreted as a trend reversal; it is more likely just a daily level pullback. 3. The purpose of this increase is to push the price into the premium area for selling (Premium PDA), positioning for subsequent manipulation and distribution. 4. The real drive will occur when the high-impact news arrives on Thursday.