#BTC Yesterday early morning, it first surged high, just reaching the specified range, with Duozhuo directly hitting 1400 points, the range then narrowed to 600 points, and after an initial rebound in the morning, it continued to narrow to 700 points. In the evening, it turned lower again, with Duozhuo leading the charge, then at the 700 level. Considering the fundamentals, the evening fundamentals stabilized, and during the pullback, it briefly touched 800 points. Subsequently, a rebound occurred, narrowing again, but was swept by 200 points. Under the pressure of the fundamentals, it continued to decline below the resistance level, then retreated again, with a low position at 800 points. The published data was also quite clear; the white plate was just a shakeout, and the evening fundamentals followed the trend. As long as the resistance level is well defended, it’s fine. The key is how to distinguish between the resistance level and the support level.

After continuing upward on Monday, it maintained a volatile pattern, with no continuation of the surge, repeatedly bouncing back after highs and lows, within the range of concentrated liquidation zones. When the liquidation at the high points occurs, it pulls back; when the liquidation at the low points occurs, it rebounds. Neither side has formed a breakout. The market sentiment is similar—whales dumping at high levels, institutions entering at low levels, with a battle between the two. So, it’s better to watch the range first; when it falls below the liquidation zone at the high points, it narrows; when it falls below the liquidation zone at the low points, it narrows as well. Only breakouts on either side should be followed. This way, even if there’s a dip, it’s a small one, and you can gain more. Also, pay close attention to market movements and control the volume, as there have been several instances of this, so avoid overreacting.

Between 736 and 732, watch for Duozhuo; similarly, between 758 and 762, again reaching the high level before narrowing.