Recently, there have been no clear signals, so after the last reminder to sell, we have been waiting for an opportunity to reverse. What is the current situation?

BTC's strategy today is to focus on the growth of the 30-minute upward line segment. If it does not break the high point of the red box, or if there is a sign of weakening after breaking it, the bulls should come out first, or operate short on the 5-minute level. Here, the main reference is still the central axis in the yellow box. If the rebound is not strong, there is still a risk of breaking the new low. On the 30-minute secondary level, continue to follow the growth of the bulls. Currently, leaving the segment is not a divergence. If a 5-minute level 2 sell signal without a new high appears, the bulls should come out first, and then see the situation on the 5-minute level before deciding on the next operation.

As usual, for easy understanding, here are some explanations of the terms. The displayed chart is drawn automatically using the Chan Hui Hui Chan Theory tool.

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