BTC finally gave a chance last night.

A large triangle converged for a long time, and unilaterally pulled up 4,000 points to break through. After reaching a high of 94,600, it began to fall, and today's low hit 92,000. I reduced my position by 30% at the top, and made up for it around 92,000 during the pullback, and now the average position price is 90,800.

To be honest, if I can't go up this time, I will clear my position. There is no need to carry it to death.

Technically, yesterday's wave of volume breakthrough was beautiful, directly breaking through the downtrend line from $120,000, which is a signal of a bull counterattack. Now the retracement should be the second wave of the wave structure, and if it is established, the third wave will rise more violently. I have hung the stop loss near the cost price and waited for the market to start again.

But there is a key moment tonight - the Fed meeting minutes are released at 3 a.m. and Powell speaks at 3:30 a.m. The focus is on what Lao Bao says, if the wind direction is not right, I will close the position immediately. After all, policy expectations are more important than technical forms in this position.

In short, the trend line has broken through, but whether it can come out depends on tonight.