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Market Quick Review: #BTC
5-minute chart: Already in three segments of fixed width, currently near the lower edge of the central zone at this level. The subsequent trading direction is to go long near the lower edge of the central zone, targeting the upper edge of the central zone or the breakout segment.
1-minute chart: In a rebound during a consolidation downtrend. The rebound structure is a bullish 3-break-7 formation, so the current position is actually an entry point, targeting the upside of the 1-minute trend.
Trading suggestion: Long. Both the 5-minute and 1-minute charts are in bullish structures. Stop loss should be set at the first buy point on the 1-minute chart and the lower edge of the central zone on the 5-minute chart.