A few days ago, after a secondary bottom, we saw a strong rebound. Bitcoin also briefly reached the 70,000 level, but the main upward wave has not yet formed. These past two days, it has further corrected and moved within a large range. After the second test, those who should enter the market, go ahead and do so. This week, it’s likely to close with a doji star. A warming of the weekly chart is good news.

On a smaller scale, currently the overall trend is repairing the previous volume surge. Today’s intraday pullback was quite significant, with a slight break on the four-hour chart. However, the short-term trend does not affect market expectations. If conditions permit, you can start looking for entry points here, waiting for the main upward wave to begin. The daily Bollinger Bands are narrowing; as long as the market can break through, the main upward wave is imminent. Referencing last year’s April and May trends.

Bitcoin: 66,000, with an upside target of #当前行情抄底还是观望？