Bitcoin is still led by bears. The rebound of the previous day did not continue. It continued to fall yesterday, with the lowest point near 65,900. However, I think this round of callback is basically the same in the daily line, and there will not be much room for further decline; but the short-term is still suppressed by bears. There is also one thing to note in yesterday's decline. Although the gains of last week were given back, we usually analyze the trend. The key basis for judging the continuity of the trend is whether it breaks high or low. Because it does not break 66,000 during the decline, it means that it has a supporting role. What is the role of support? The first is to curb the downward trend of bears, and the second is to provide basic guarantees for the rebound of bulls.
In the short term, yesterday's decline of more than 4,000 points is indeed a big move for yesterday's continuous weak and volatile trend, but looking at the overall short-term fluctuations in the near future, it can only be mediocre; the current important support is 66,000. Whether this position can be broken is the key to whether the short-term bears can continue.
Yesterday's continuous decline broke the low, so it is natural to go short in the short-term white market to see the continuation. It is normal to stop the decline and correct in the short term. The decline will not be in place in one step, and it will be accompanied by a step-by-step and turn-back method. After breaking the low yesterday, the pattern is still mainly weak and downward. The short-term hourly level temporarily stopped falling and entered the adjustment stage; the conversion position of the bottom and top of the pressure position is 68,000. If it rebounds during the day, it can be shorted. The support below will first look at the 66,000 mark. If it does not break this position, consider going long.
Operation suggestions for Wednesday morning:
Bitcoin: Short-term rebound 67,800-68,300 area is short, look at 66,000-65,000, and consider going long after the retracement is confirmed! #MegadropLista #meme板块关注热点 #美联储利率决策即将公布