【BTC】


Bitcoin, during the weekend, swept away previous high liquidity and, combined with news sentiment, dumped the market, possibly forming a third relay pattern here. The adjustment力度 here will be much greater than the previous two times, at least 1h support levels established last week will not hold.

Currently, the 69-73k range is highly divided, and a clear trend will only emerge if there is a decisive breakout in either direction; otherwise, it remains volatile. Coupled with this volume contraction, the intraday upside potential is very limited, and there is no need to chase a rebound;
The 4h upward phase has already peaked near 74k. If tested again at a higher level, it should be considered a medium-term position increase. Currently, it is a bull’s fish tail pattern, and from all perspectives, it is no longer suitable for a rally.

Short at around 71.5k
tp: below 695
BTC-1,26%
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