#BTC Overall yesterday was mostly volatile, and early yesterday morning we also initially looked for a pullback, just as Wave ② pulled back. After the pullback, we shifted to viewing it as a range-bound movement, and the trend also moved within a range, with low Dua and high Kong, totaling over 3,000 points. So, how to interpret it is very important, but since the range has already been completed, there is a possibility of forming a small single-sided move within the day.

From the perspective of the overall trend structure, the weekly chart and the below weekly moving averages have all contracted. The more they contract, the more it indicates that a new volume increase is imminent, and the likelihood of a breakout becomes greater. After three consecutive bullish days, the daily chart is correcting, currently showing a very long lower shadow, indicating that Dua is relatively strong. Therefore, there is a high possibility of testing the resistance level upward, with the upper resistance being quite fragile. Once broken, there could be continuation, and intraday adjustments should be viewed as bearish for Dua.

Around 778 to 775 for Dua, initially look at around 793, and if a new high is broken, directly target around 8.1.