Currently testing near the trend line, no breakout or false breakout yet. If there is a larger 4H bullish candle with some volume, it can be considered a breakout, and you can set a stop loss and attempt to go long, expecting a small rebound. $BTC

BTC-0,85%
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TopKol'sRealTradingStrategiesvip
· 11h ago
Large-scale price upward sweep around 8.91, liquidity is accumulated, and an attempt is made to break the daily descending trendline, but no effective follow-through occurs. The volume and price action show a lack of momentum for a strong push higher. Considering the weak liquidity during the holiday period and the significant options expiration in the afternoon, it is more likely that today's market will remain in a constrained volatility environment, with a low probability of a surprise breakout with increased volume. Attempt a small short position on the left side at the structural edge as a directional trial. Next, monitor BTC's volume changes and whether the price retraces to test the 8.82 level, to decide whether to continue holding or to exit.
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