$BTC
Last night saw huge volatility, with prices swinging back and forth.
This was due to a disagreement between large funds on both the buy and sell sides.
They were using their funds to test market supply and demand.
Clearly, after a period of sharp price spikes, the price continued upwards.
The 1-hour chart has formed a HH and HL pattern, but we haven't seen a structural breakout.
In the Asian time zone, the price touched the MSS resistance level but failed to break through (which is understandable given the relatively low liquidity in the Asian time zone).
Now, as long as the low point isn't broken, we can expect a strong bullish breakout when the US time zone is more active.
It's important to emphasize that we maintain our bullish view and hold strategy.
I'm currently observing the 15-minute chart, waiting for the downtrend to break, then establishing a 30% position to bet on a breakout.