Hello everyone, I am the familiar Jingcai to you all. Currently, after a 5-minute plunge, BTC dropped to around 24581 and has been oscillating between 25600 and 27000. I think it may take a long time for the market to repair during this oscillation. This kind of drop is indeed quite extreme. I see similarities between this wave and the one at 312 previously. My initial prediction in June was that this kind of drop would occur after October, but it has come earlier. The bull market is still there. Generally, during a bull market, there will be several extreme drops. I just didn't expect this wave to come so soon. I have also suffered losses from this drop. However, in this market, I still insist on the main force's washing out of positions, wondering if it will lead to a real bull market later. In the short term, it may be a good idea to enter positions around 25000-25500 and wait. The current short-term situation is indeed a bit difficult to endure, and we can only wait patiently.

Now let's return to the market trend. After BTC quickly rebounded near 24580, it reached around 27000. It has been oscillating between 25600 and 27000. The market is confusing, and many people think it will drop below 15,000, which I think is quite difficult. I have also mentioned that the MA120 at 28500 has been broken here, so we should focus on whether it can stand here later.

From the daily chart, after a large bearish candle, a doji has formed, indicating that there may be a rebound in the next two days. The Bollinger Band's midline is around 27452. On the daily chart, we also need to see if it can stay above the 27452 and MA120 at 28500.

Looking at the 4-hour chart, the Bollinger Band is slowly moving downward, with the midline around 26700, and the MACD is moving upward. The KDJ indicator shows a trend of forming a golden cross and moving upward.

From a technical perspective, it seems that the market is in a phase of repair.

BTC Focus: The first time any operation point is reached is valid and should yield at least 200 points of profit. Take control of your own decisions.

Long direction: Long at 25600-25800, stop loss at 25450, take profit at 26200-26500-27000

Short direction: Short at 27000-27200, stop loss at 27350, take profit at 26500-26000-25500

Direction to wait for: Long at 24500-25000

In this market, there is no shortage of teachers, analysis, or operational suggestions. The only thing lacking is a sincere and honest heart to do market analysis for you. I don't have fancy profit screenshots or promises of a certain percentage of returns. I only have a heart to do things honestly. If you have been consistently losing in trading and want to follow Jingcai's lazy approach, you can communicate with Jingcai about the trend below. My daily analysis train of thought can be a reference for you. Reasonably control your positions and avoid heavy or full positions. This is a personal opinion for reference only. Investment involves risks, and you are responsible for your own risks!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。