【BTC】

Since the volume breakout this week, it has been consolidating at a high level for about two days, leading to some subtle changes in the pattern, which can be generally divided into two phases of oscillation followed by an accelerated rebound, with the second phase showing a noticeably weaker momentum.

The small-scale structure projection may follow the attached diagram:
Currently, there are no good long opportunities in the short term, after all, from the day before yesterday when everyone bought the dip at 708 up to the high of 731, exceeding 2,000 points, which is enough for this kind of market, and a divergence has appeared on the 4-hour chart.
It can be seen that the two relay adjustments starting from the bullish structure did not show a strong tendency to shake out traders; generally, near such major resistance levels, accelerated declines are unlikely to occur.

First, the large bullish candle on Tuesday trapped most of the shorts at the bottom, so this method is used to force out chips and simultaneously release liquidity.
Second, the overall rebound on the 4-hour chart does not have enough time dimension! But in terms of space, it has actually been satisfied, and it is expected to complete next week, ultimately starting the second correction. Now, focus can be shifted to medium-term short opportunities.

From the 1-hour perspective, the sustainability of the bullish trend is doubtful; no additional chasing above 71k is planned. For intraday entries, support can be considered around the lower boundary of 705-706. This should be regarded as the last rebound. Whether a higher high than 731 can appear later is still uncertain... Of course, touching above 74k would be ideal, which is the most desirable pattern.

Some details not mentioned will be supplemented in the afternoon video. Thank you all for your support~
For entertainment sharing only, for reference.