BTC finally chose to break through downwards on May Day and continue to seek the bottom. From the perspective of the 4-hour structure chart at a higher level, the 4-hour pivot has grown from the fifth selling point to become a pivot leaving segment downwards. Currently, there is no structure within the leaving segment, so it cannot be confirmed in the short term that the bottom has been reached. Those who want to buy the dip still need to patiently wait for a new structure to appear.

Since reaching a historic high of 73777 on March 14, the "big cake" has been continuously oscillating downwards, and the daily trend has been in a downward correction for more than a month and a half. In terms of time, the correction period has been quite sufficient, and in terms of space, the downward correction from the high point is 23%. Although there is currently no signal indicating the end of the correction, it is believed that the downward space is very limited at present. The probability of a three-buy signal at the daily level exceeds 80%. Therefore, even if you are holding spot chips and are stuck, there is no need to panic. The deep squat is for jumping higher!

First, let's look at the 4-hour chart. At the 4-hour level, it is currently in a downward leaving segment, and within the leaving segment, it is in a non-divergent decline. When the current rebound ends and breaks to a new low again, it will present a good short-term buying opportunity. Of course, for the conservative, patiently waiting for the opportunity on the right side, the secondary 30-minute two-buy can be entered.

Next, let's look at the 30-minute chart. It can be seen from the chart that the first 30-minute pivot leaving segment is a volume non-divergent decline, so it can be concluded that the second 30-minute pivot will be constructed below. Currently, it is a potential 30-minute three-sell, and when the buy point appears, buy first and then sell.

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