The pleasant weekend is about to end. I mentioned it to everyone yesterday; the old fans are well aware that Heyang wants to use the weekend to adjust the Hangzhou sentiment. Originally, I wasn't going to watch the market, as it’s only when in a good state that I can work with more passion. However, I couldn't resist everyone's enthusiasm; everyone is waiting for Heyang's update, so I’ll just say a few words.
Returning to the current trend, there was a V-shaped rebound after a dip. The market has temporarily stopped falling in the short term. On the daily chart, the lows are consistently being raised. Whether this adjustment is complete remains to be seen. However, there is a performance of rising, and a significant rebound during the pullback may affect the short-term adjustment rhythm. We should focus on the internal adjustments of the range for now over the weekend.
Above Bitcoin, pay attention to the resistance around 97800-98200. If it breaks through, we can look at the resistance around 98800-99200. For the second line, just pay attention to the area around 100300-100800.
Below Bitcoin, pay attention to the support around 96700-96400. We should also monitor the area around 95400 below, with the second line focusing around 94500.
In terms of operation, Heyang suggests to go with the flow, mainly focusing on long positions, high long and low short. We can gain strength within the range fluctuation, which will ensure stability.