Market Quick Review: #BTC

5F, green non-level decomposition, blue level decomposition, currently in the construction of a medium bearish B central axis at the same level, which means that at this level, the cost-effectiveness of going long here is relatively poor, while the structure for going short is slightly better. If there is a trend divergence to enter, that would be the best, but that would lead to model thinking. Therefore, we should try shorting near the upper track of the central axis and see if we can create a segment to exit. If we can't create one, hitting the lower track of the central axis still has profit potential.

1F, blue represents the same level trend as 5F. It can be seen that the current top consolidation center is a relatively regular rectangular center. Since we cannot predict the direction through dynamics, our strategy is quite simple: short at the upper boundary, long at the lower boundary. Where are we currently? At the upper boundary, so next, we just need to wait for a short to emerge and enter a short position.

Trading suggestion: Wait and see or short. It is not recommended to chase after a breakout here, as the expected risk-reward ratio is quite average.