Today's market trend analysis of #BTC :

Looking back at yesterday's analysis, we have repeatedly told you that there are potential negative factors that have not been released, but the short position did not rebound to our expected 68400. The support level of 65000 was perfectly reached. Today's highest point reached around 66400. Because of the weekend, the fluctuation is not large, so you can choose to lock in profits.

Now it is a typical daily level descending wedge. There is a downward trend line in 4H and it is also a bottom divergence of RSI. However, we still have to be careful on the technical side. BTC has touched the support of 66,000 three times, but today we have also seen that the rebound is relatively weak. There will be no breakthrough or shorting opportunities without large volume.

The market is currently biased towards shock repair. If you want to strengthen, you must break through 67,600 with large volume. Tether has also issued 1 billion U again. The possibility of institutional whales entering the market to pull the market cannot be ruled out. If the main force chooses to pull the market and bring about a money-making effect, it can cause resonance.

If there is no market on the weekend, you can reduce operations. Or we said that we should wait patiently for the right entry opportunity. You can still pay attention to the support near the 64,500-65,000 mark to buy low or wait for 67,600 to break through with large volume to make a breakthrough order.

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