From a technical perspective, BTC has closed for two days during the holiday and the middle Bollinger line has been broken again, which seems to be opening a downward channel. Just like the previous script, a short signal appears in 4H, and MACD also returns to hover near the zero axis. Be careful of a new round of downward trend.

The key focus is below 58,000. If it is effectively broken again, it will form a 6-hour + 4-hour + daily level short signal. Let’s not talk about whether it will rise back. The duration of this signal will at least last for a few days.

On the contrary, if the support is effective, the position of 58,000-57,500 will rebound again. Attack, and form a wide range of shocks with 61000, there will be a chance to continue to rise in the future. After all, it has risen by 12000 points from the low point of 49000. Even if the market is strong, it should return to the technical side.

The operation idea remains unchanged. You can go long at the low position of the opportunity range during the day. The first entry point for low longs is 56500, which is the end position of the 4H level gate. If it falls below 60000, it will go to the support below at 55200-55800 Fibonacci 0.5 position to make up once. The defense is the same as the 54000 integer level. The pressure position reference is 59500-60000