Over the weekend, the trend in the currency circle fluctuated upwards, which basically conforms to the expectation mentioned in this account's early Saturday morning post about the third buy point of the 30-minute center of gravity for Bitcoin and Ethereum, indicating an upward trend. From the perspective of the pattern, the trend of Bitcoin is already in a state of accumulation, and breaking the historical high is highly probable.

First, let's look at the 4-hour chart. It is clear from the chart that the MACD has retraced to the zero axis (the daily MACD has also retraced to the zero axis) and green bars have started to appear, indicating the completion of the secondary center of gravity structure. This is a classic start-up pattern. This account had already clearly suggested entering the market with a second buy point on the 5-minute chart early Saturday morning.
It is important to note that when looking at the 4-hour chart, it is highly probable that a trend of three buys followed by one sell will occur. The key is to see how far the upward extension will go after breaking the new high. Regardless of where the extension goes, when a secondary sell point appears, it is mainly advisable to reduce the short-term positions, and one should not be overly optimistic. After a wave of luring in the bulls, violent selling often follows, indicating the end of a phase of the market. Of course, before breaking the new high, the overall market is generally safe.

Now, let's look at the 30-minute chart. The chart provides the most probable trend, which is to move upwards after breaking the new high, then retrace without entering the center of gravity, and then continue to move upwards to break the new high again after the third buy. The most noteworthy aspect is the strength of the upward movement after the third buy. If a third buy turns into a sell, it is time to gradually reduce positions.
If you are interested in the theory of winding, want to obtain winding learning materials for free, watch public live broadcasts, participate in offline winding training camps, improve your trading skills with winding theory, and build your own trading system to achieve a stable profit goal, and use winding technology to timely escape the peak and buy the dip, you can scan the code to follow the public account, private message to obtain and add the WeChat of this account to join the group for learning!

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