$BTC
{future}(BTCUSDT)
The daily closing line of Bitcoin has been completed. First, has the left side's big bearish candle pressure broken through? 123300 has not been broken. Second, three consecutive bullish candles, the length of the K-line body is getting shorter. The most recent closed candle has longer upper and lower shadows, indicating that many people are selling here. Third, looking at the trading volume, the trading volume of the most recent closed candle is the largest, but the price increase is the smallest, suggesting a potential increase in volume but stagnation in price, which is a significant consumption for the bulls. The 4-hour K-line shows a massive volume stagnation at 0 o'clock, indicating a peak signal. For a pullback, look for 120300, and it will rebound towards 122600. If 122600 holds, you can go long briefly, but it's up to you whether to take that opportunity. After forming at this top on the 4-hour chart, it will drop to 117000 or 114000, and after gaining support, it will make another push towards 123000, and that should basically conclude it. The next wave is heading towards 80,000. Today is the weekend, with little volatility; if you want to trade, just follow my thinking.