风火山林
风火山林|Nov 04, 2026 03:36
BTC's short-term correction needs sufficient time and space. Reviewing the daily and weekly charts, this technical pattern resembles early 2023! The similarity lies in the price breaking above the 200-day moving average and forming a golden cross, repeatedly testing the bottom around 77,000. This resembles the bottoming, rebound, and pullback pattern of early 2023, with a recurring struggle for direction. This is an analysis from a technical perspective. We can refer to the bottoming and moving average breakout pattern of 2023, but it's not advisable to simply extrapolate linearly. Currently, it resembles the confirmation phase of the early bull market, rather than the breakout phase! My trading strategy focuses on confirmation, which I often share with my partners. Many short-term traders are reluctant to trade, often remaining out of the market. Once a confirmed entry point is provided, I'll aggressively enter the market! If BTC drops to 75, I will enter!
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