Good morning, my dears. I would like to share today's market ideas with you!
There is no obvious sign of a stop in the trend of Bitcoin on the daily line. Only when it breaks through the 58,000 line and stands firm in the following days will there be signs of a stop and reversal.
In the short-term four-hour, the current price is running in the boll down channel, and the overall trend remains in the range of 58,200-55,200. If it can break through the 56,800 line in the future, the upper side can focus on 58,300.
In the one-hour Bollinger narrowing operation, the lower support is recommended to focus on the 56,300 line, and the high pressure is around 57,700. Based on the above suggestions, Bitcoin will continue to rebound steadily and arrange short orders.
57,600-58,200 short, defense 600 points, target 600-1000 points
