Bitcoin stands at 58,000, recovering all the losses of the 7.5 plunge

BTC rebounded and consolidated over the weekend, and has now recovered the 58,000 mark. Those who bought the bottom at 54,000 have made a lot of money. The timid ones can sell now, and the bold ones can try around 59,300. At present, the 4-hour and 12-hour K-lines are both bullish, and the daily line has not yet stepped out of the downward trend. The current big pressure level is at the 60,000 mark. Intraday operations can place short orders within 59,300-60,000.