Yesterday, we mentioned that BTC did not effectively fall to 66,000 in this decline. There is still a chance of rebound in the short term. Long orders were arranged near 66,000, and the highest rebound reached 68,500, with a profit of 2,500 points!! Currently running near 67,800, there is no selling pressure in the short term, the market fluctuates less on weekends, and the current position is also a relatively critical position. It is acceptable for bulls to be able to form fluctuations at the current position.
Currently, it is still running in a wide range of fluctuations. As long as the idea is correct, there is still room, but before a real breakthrough, it is not too patterned. It is appropriate to buy low and sell high. The current market is still running within the convergence range, the fluctuations converge, the highs continue to decrease, and the lows are also raised. The upper key point is 70,000, and the lower key point is 65500, follow the breakthrough direction in the future, and follow the short-term trend
From the graph, the triangle runs relatively symmetrically. Many technical bloggers pay attention to the breakthrough of the triangle, but it is necessary to prevent false breakthroughs. The most important thing when confirming the breakthrough is the volume. Only sufficient exchange of chips can increase certainty. At the same time, the most concentrated place of chips at the current high level is around 67500, which may form support
In terms of points, pay attention to the short-term support of 65500 and 64600 below,
Continue to pay attention to the upper resistance of 68600 and 70000
In terms of operation, the idea of stabilization is to pay attention to whether it can form a shock above 67500. If it does not fall below 67500, you can enter the market in the short term. The idea of low absorption below is to pay attention to 66500-67000. You can try low absorption. If it falls below 65500, give up long positions in the short term