Bitcoin is in an upward channel, so pay attention to this support level.

It is very ideal to break through and stabilize at 59,000, so why did I wait and see at the beginning.

I will let everyone chase it later because of special news.

Today, another 1 billion USDT was issued.

The issuance of additional USDT is for buying, and selling only needs to sell coins.

It is not certain whether the issuance today will be bought tonight to pull up the market. In my experience, only when USDT is continuously issued, the price of Bitcoin will have a certain increase. .

In addition, the net inflow of ETFs began to surge last Friday, indicating that the market has confidence.

Confidence will not disappear because of the two-day weekend break, and there is a high probability that the net inflow will continue.

These are all auxiliary, information-based logic.

The focus of our technical trading is still on the support of the upward trend.

As long as it is not broken here, there is no worry about going long.