My view on the short- and medium-term market remains unchanged. Although the trend of Bitcoin continued to rise in the morning remains unchanged.

From a short- and medium-term perspective, Bitcoin still has the need to test the bottom again. The main reasons are as follows:

1. The shift in the Fed's monetary policy is usually accompanied by the emergence of macro risks.

2. The area around 55,000 is a dense area of ​​long orders, and it is also the cost area for active investors in this round of bull market