Bitcoin overall did not experience much volatility this weekend, and the price basically remained above 70,000 and fluctuated throughout the day. The rhythm of the 4-hour chart has slowed down slightly, with repeated surges and falls confirming the support around 68500. We should still pay attention to it this week. Once the key defensive support is broken, we should pay attention to in-depth adjustments. At present, the short-term fluctuations are temporarily maintained at high levels, but Bollinger Dow is in contraction. The upper rail resistance is around 71,500, and the lower rail support is around 69,000. The current price is slightly suppressed near the middle rail. The 1-hour chart fell into high passivation and shock, and we steadily waited for the breakout range before following up.

My personal daily operation suggestions for Bitcoin are to go long around 69500-69200, and the target is around 70500-71500 $BTC