In the morning, the BTC cycle showed a double-needle bottoming pattern, but failed to form effective support. The current price has fallen back below the 63,000 mark. According to the liquidation chart data, there have been a large number of long orders liquidated in the last 4 hours. Among them, the concentrated liquidation price is 63,109, and there are a total of 1.27 million US dollars of long orders liquidated at this point.
At present, BTC has not yet shown a clear stop-loss signal, and there are dense large-scale buy orders below the current price. It is recommended to look for bottom-picking opportunities based on the main transaction situation. The upper pressure is 64,400 and the lower support is 61,800.
It is worth noting that at 19:29 last night, AICoin reminded that the main force had a net sale of more than 250 million US dollars over the weekend, which was bearish. As of press time, the main password has made a profit of 2.19%.
The market fluctuates greatly, please pay attention to risk control, the data is for viewing only
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