Take a look at this doji star on the 4-hour level for BTC. If the previous low of 847 holds, there might be hope for a morning star rise pattern. You can consider trying to defend the previous low.

The closing entity exceeding the upper shadow of the doji can be fully confirmed as a morning star pattern, hoping to give some confidence to the bullish brothers. If the closing entity is below the doji, then it should not be pursued.

Upon closer inspection, it is actually quite obvious that 875 is the starting point of this downward trend. Without any hesitation, it directly broke through the support and reached the position of 85. Theoretically, if the bears want to enter the market, they must at least wait for a rebound.

Let's review the previous pump cycle, which quickly broke through the 85 resistance to reach the position of 873, followed by a pullback. This was just the right opportunity for us to enter at 84-85 last time, so currently, do not chase the dip.

1. Break through the 86 support 2. Bounce back to the 86 resistance 3. If the bounce does not break, following this 123 opening principle is the most stable way to go south #BTC# .