BTC has broken the rising range of the rebound on 8/5!

The bottom-up structure has been destroyed! !

Combined with the entire macro market, the US stock market has collapsed.

The trend is already bearish, and there is huge downward pressure.

Buying more on dips is a bit like trying to stop a car with your arms. It is recommended to buy the bottom after the Federal Reserve announces the interest rate.

The rebound is mainly short, and the short-term stop loss position is 58,300. The long-term level is 59,800. If it does not break 59,800, the rebound is short.