Update


Figure 1: 4H chart, BTC is still oscillating around the central zone, attempting to break out of the zone. Watch whether the MACD during the breakout can make a new high and whether the area is larger than before. Otherwise, treat it as consolidation divergence and consider short positions.
Figure 2: 1H chart, after breaking out of segment b, BTC has left the original central zone, and b did not diverge from a, and a 3-buy pattern has formed. This means another new central zone will inevitably appear later. Currently, the action to take is to wait for the new central zone to form, then observe whether divergence occurs during the breakout. If divergence occurs, and divergence also happens on the 4H chart, it is a perfect shorting opportunity.
Update: As shown in the figure, you can attempt to short now. If the US stock market opening still cannot break new highs, the probability of a downward move will further increase. $BTC
BTC0,6%
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