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#BTC After a wave of volume expansion, when the indicator detaches from the trend structure, there are only two types of correction: one is a time correction, and the other is a price correction.
Time correction uses time to exchange for space, with slow oscillations to let the indicator catch up with the trend structure, usually three small positive or positive signals.
Price correction directly brings the detached indicator back to the trend structure, with yin and yang accompanying each other.
So, when volume expands and the time correction phase begins, treat it as a oscillation range, with highs and lows within the range.
Generally, three swings are enough to complete the correction.
During the price correction phase, it cannot be treated as an oscillation range; instead, wait for the correction to end before treating it as a range.
Currently, the daily-level correction and consolidation have ended, so a new small unilateral move has begun.
The daily string has a long lower shadow when it closes, indicating insufficient momentum at the bottom, with strong buying support below.
The body energy bar is also moving upward, with the lower head in favor.
Follow the lower support accordingly.
It is still around 746 to 742 for the lower support, and around 768 to 775 for the upper resistance.