Let's talk about the market first. Today, Bitcoin suddenly rose from 61,000 to 63,000, and it is still fluctuating.

Is it a strong return of bulls? Or is it a good time to escape the top?

In fact, from the analysis of the market, Thirteen believes that the possibility of this position returning to 61,000 is very high.

You can see the two red circles in the figure below. The comparison between the falling volume and today's rising volume is very shabby.

In other words, the short side of the market is now greater than the long side.

Although there is long volume, it is not strong. After this wave of longs is digested, the short side will take the initiative again.

Therefore, at this position, I suggest that you exchange the chips you bought at the bottom at a low level into cash.

Of course, the development of the market is unpredictable. Whether it will rise or fall depends on the comparison of the strength of the long and short sides in the future.

In fact, Thirteen doesn't like to predict the short-term market, because if there are too many short-term orders, the error rate will be very high, which is easy to attract black fans.

Some people will even take screenshots to save your previous mistakes and keep blacking you.

So don't bet on the short-term market, but embrace the trend, embrace the trend within a cycle, including the oscillation cycle, the bull-bear cycle, etc. The market is still oscillating in the range of 60,000 to 65,000. I don't know if the bottom of 60,000 can be maintained in the next round of correction, otherwise we will have to face the market entering a lower range. Of course, it is actually a good thing for the market to enter the lower range. Only when the market really hits the bottom will it start a new round of rise.