BTC is still oscillating within the daily timeframe range, between 60,000 and 70,000. This range is expected to fluctuate for a long time, with back-and-forth movements creating a door-like pattern. News sentiment can only influence short-term market trends and cannot change the overall trend. When the news effect subsides, the market will revert to technical analysis, and short-term news will not impact the long-term trend.

From a technical perspective, Fibonacci is a very meaningful indicator. No matter how intense the market fluctuations are, the candlesticks always operate within the framework. The market is confined within a horizontal range. Aside from short-term traders, others should find little reference or operational significance. Be patient and wait for the direction—wait for a breakout and a breakdown. #深度创作营