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Student's homework, for everyone's reference and learning. It was published with the student's consent. There is an issue with this analysis; I have already pointed it out to him. The technical aspect was not analyzed according to the framework I provided, and the market analysis is not meant to submit as homework for me but for personal trading. The points and logic of the analysis are problematic (can everyone see where the issue lies?).
During the communication, he told me to go short, but I couldn't short because the upward pattern hadn't completed. While he was talking, Bitcoin suddenly dropped to 777. I want to emphasize again that analysis is for personal trading use. If you analyze but don't execute trades, the analysis is useless. Going from not understanding to being able to analyze accurately is a big gap; there is an even bigger gap between analyzing correctly and executing properly. Many crypto enthusiasts can't analyze accurately enough, so how can they execute properly?
Many people get stuck at the second gap, experiencing what we often call: one intense analysis after another, but their trading is stuck in a phase of 250, until they crash their own trading.