BTC is actually doing very well. If we simply look at the trend, this is a typical circular bottom structure However, it should be noted that the circular bottom structure is not simply a matter of satisfying the circular shape in the trend. The geometric shape in the trend is only one of the unilateral conditions, so it cannot be called a circular bottom structure at this time The first and most important thing is that the trading volume must meet the requirements of decreasing volume at the bottom of the arc, increasing volume or piling up volume (emphasis: the increase in price corresponds to the increase in trading volume or piling up volume, which does not necessarily mean that it is reflected by buying or selling trading volume behavior. Many people may have questions about this? 🤔 This is the essence. The community course will say that the public domain will not be publicly shared or explained here, and there is no need to Google it. It will not be written in books because they are from the past 👀） At the same time, effectively breaking through the neck line suppression above the arc bottom, the corresponding measurement target can be clearly defined The current neckline positions correspond to 110K and 112K at the two horizontal necklines shown in the figure below If the volume continues to shrink and attack the neck line range, there is a risk of reaching the top of M or breaking through to reach the top So that's why my previous tweet mentioned and emphasized breaking through the triangle before the 10th, with the goal of reaching 110K-112K Next, we need to do two things. The first thing is to take profits with movement. The second thing is to continuously monitor the changes in trading volume within the circular bottom neck range and what kind of structure the price behavior within the neck range will construct. Finally, we can formulate a trading strategy All "analysis" methods are probabilistic, and do not blindly believe in any "analysis" method, whether it is technical analysis, macro analysis, on chain analysis, or metaphysical analysis .... Following trends and having clear and flexible trading strategies are one of the core aspects of trading, and analysis is only the most fundamental link and the "pivot" role in the trading system