It is the moment of life and death for bulls again. 65,000 US dollars has become the last key position of defense. What I can see below is a cliff.

In fact, the pin has broken this point, but after all, this is the dividing line between bulls and bears. Both sides still have to fight and struggle. No one wants to die without face.

The first position for replenishment below is around 60,000, and the second area for absorbing funds is around 50,000 to 56,000. If it can fall to 45,000, it will be a once-in-a-lifetime purchase area. All in is there to pick up bloody chips

Although there is a rebound today, it can be seen that there is a lot of pressure above. It was smashed down by selling orders just after a little pull. The K-line shows the mood of who is running faster than retail investors now. Most people only look at the present. The leeks don’t understand that the deep correction is for a healthier market. If it soars up now, the space must be limited. It will stop at 100,000 US dollars at most, and the bull market will end.

This week is very risky. If the support level does not work, then the idea is to short at highs and follow the trend. Of course, everyone hopes to start a rebound, but I feel that the bulls are a bit struggling.

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