In the new week, the overall BTC daily line is running below the EMA20 daily line of 60,000 US dollars, and the EMA10 daily line crosses the EMA20 daily line, indicating that the short-term and medium-term trends have obvious advantages for bears. As long as the big cake cannot recover above 60,000 US dollars, the retracement trend will not end.
We continue to pay attention to the support range of 56,000-58,000 US dollars. Once the support of 56,000 US dollars is lost, the situation will become very pessimistic, and the daily line will test the support range of 50,000-52,000 US dollars again.
It is difficult for the currency circle to remain immune to the global macroeconomic downturn.