Talk about the BTC daily chart trend, which can also provide some reference for everyone.

Firstly, the BTC daily chart is currently clearly encountering an effective support level below: upward trend line.
Secondly, a naked K reversal signal appears: bullish engulfing pattern
Thirdly, the bears are gradually getting stronger, yet the market hasn't experienced a significant drop to ten thousand dollars. Instead, there was a strong counterattack by the bulls yesterday, indicating that below 112,000 USD, the bulls hold an absolute advantage.
Fourthly, after breaking the historical high, the fact that the market did not continue to significantly break new highs indicates that the bears have the advantage above 126,000.
Fifth, the market has been looking forward to a significant drop, and the correction has indeed arrived. However, it is different from the expectations of retail investors, as a large number of people have started to get caught in a dilemma.
Sixth, although the market has corrected, the prices of most cryptocurrencies have not fallen below key support levels. Even if retail investors join in, they cannot buy chips at bargain prices.
Looking at the seven points above, although the market may not immediately break new highs, this is a very positive signal.
The upcoming volatility is to brew the direction.
The real opportunity for layout is just ahead, friends who haven't boarded the train should cherish the opportunity.