I roughly reviewed the market of Bitcoin. From the perspective of the entire market, Bitcoin obtained liquidity at the 720 position and formed a double top structure and began to fall. Although Bitcoin has formed a triple bottom structure and started to rebound, it is still a short structure overall. Why is it a short structure?

From the figure, we can see that the high point of Bitcoin is constantly decreasing, and the low point is also constantly decreasing. Therefore, the biggest potential resistance position is currently at 685, which is also the 0.618 position of Fibonacci. Those who do not have orders can wait for tonight's CPI data to open orders. Once 685 is blocked, you can enter the short position #BTC走勢分析 #BTC