BTC is still oscillating at a low level after the sharp decline, and the trend is as analyzed and deduced on Friday, still running a downward phase on the 4-hour timeframe, overall still oscillating within the central range on the 1-hour timeframe.

There's not much to analyze in the market. The current overall operating strategy is to patiently wait for the end of the downward phase on the 4-hour timeframe corresponding to the end of the downward trend on the 1-hour timeframe, expecting an upward phase on the 4-hour timeframe (refer to the article on Friday). Long-term operators should patiently wait for buying opportunities after the appearance of the central range on the 4-hour timeframe.

Looking directly at the hourly chart drawn on Friday, the trend has not yet deviated from the previous analysis. The current trend is still running the seventh upward phase. If a penultimate sell signal appears within this phase, it will run the eighth downward phase. The probability of this central range growing into a nine-phase upgraded central range is increasing. Due to the relatively small range and limited volatility of the hourly central range, the operating space is also small. For those without the desire to trade, patiently wait for buying opportunities in the downward trend to buy long or use a portion of the U position for spot grid trading.

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