Bitcoin is trading within the range of the daily candle I identify as the original Preliminary Support (PS), approximately $80.5K–$87.5K. During the previous sharp decline last November, this was where the market showed its first meaningful buying response, temporarily absorbing selling pressure.
According to Wyckoff principles, PS and the later Last Point of Support (LPS) often occur around the same price level. This makes the historical PS zone a relevant reference when assessing a potential BU/LPS following a Sign of Strength.
After months of what I interpret as accumulation, price has returned to this same daily candle’s range and has now spent roughly two weeks consolidating there. The earlier buying response gives this zone historical significance; the current reaction will determine whether it can support the next advance.
My view is that we could be preparing for another breakout. It does not need to happen immediately. My priority is to prepare and build exposure patiently as the structure develops.
I am gradually building long Position in the low $80Ks. A deeper pullback toward the 50-week EMA would be the area where I would look to add most aggressively. For now, I am scaling in slowly and patiently.
If price tests the $80K area and holds it as support, I expect a renewed advance toward a new local high. The PS/LPS relationship adds weight to that scenario, while confirmation still depends on how price and volume behave around support.
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比特币正在日线蜡烛的范围内交易,我将其识别为原始初步支撑(PS),大约在 $80.5K–$87.5K。在去年11月的急剧下跌中,市场在这里显示出首次有意义的买入反应,暂时吸收了卖压。
根据Wyckoff原则,PS和后来的最后支撑点(LPS)通常发生在相同的价格水平附近。这使得历史PS区域在评估潜在的BU/LPS时成为一个相关的参考。
经过几个月我认为的积累,价格已经回到了这个相同日线蜡烛的范围,并且现在在这里整合了大约两周。早期的买入反应赋予了这个区域历史意义;当前的反应将决定它是否能够支撑下一次上涨。
我认为我们可能正在为另一次突破做准备。这并不需要立即发生。我的优先事项是耐心地准备并逐步增加敞口,随着结构的发展。
我正在逐渐在低 $80K 区域建立多头头寸。向50周EMA的更深回调将是我最积极增持的区域。现在,我正在缓慢而耐心地逐步加仓。
如果价格测试 $80K 区域并将其作为支撑保持,我预计将会重新上涨至新的局部高点。PS/LPS关系为这一情景增添了权重,而确认仍然取决于价格和成交量在支撑附近的表现。
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According to Wyckoff principles, PS and the later Last Point of Support (LPS) often occur around the same price level. This makes the historical PS zone a relevant reference when assessing a potential BU/LPS following a Sign of Strength.
After months of what I interpret as accumulation, price has returned to this same daily candle’s range and has now spent roughly two weeks consolidating there. The earlier buying response gives this zone historical significance; the current reaction will determine whether it can support the next advance.
My view is that we could be preparing for another breakout. It does not need to happen immediately. My priority is to prepare and build exposure patiently as the structure develops.
I am gradually building long Position in the low $80Ks. A deeper pullback toward the 50-week EMA would be the area where I would look to add most aggressively. For now, I am scaling in slowly and patiently.
If price tests the $80K area and holds it as support, I expect a renewed advance toward a new local high. The PS/LPS relationship adds weight to that scenario, while confirmation still depends on how price and volume behave around support.
------------
比特币正在日线蜡烛的范围内交易,我将其识别为原始初步支撑(PS),大约在 $80.5K–$87.5K。在去年11月的急剧下跌中,市场在这里显示出首次有意义的买入反应,暂时吸收了卖压。
根据Wyckoff原则,PS和后来的最后支撑点(LPS)通常发生在相同的价格水平附近。这使得历史PS区域在评估潜在的BU/LPS时成为一个相关的参考。
经过几个月我认为的积累,价格已经回到了这个相同日线蜡烛的范围,并且现在在这里整合了大约两周。早期的买入反应赋予了这个区域历史意义;当前的反应将决定它是否能够支撑下一次上涨。
我认为我们可能正在为另一次突破做准备。这并不需要立即发生。我的优先事项是耐心地准备并逐步增加敞口,随着结构的发展。
我正在逐渐在低 $80K 区域建立多头头寸。向50周EMA的更深回调将是我最积极增持的区域。现在,我正在缓慢而耐心地逐步加仓。
如果价格测试 $80K 区域并将其作为支撑保持,我预计将会重新上涨至新的局部高点。PS/LPS关系为这一情景增添了权重,而确认仍然取决于价格和成交量在支撑附近的表现。
更多策略添加好友币安uid:1150245747