The price of BTC rebounded initially at the support position mentioned in yesterday's video analysis, which is an oversold rebound, but the potential for sustainable rise in the short term is not high. The first rebound after a sharp drop often has the possibility of continuing to bottom out, so short-term active selling in batches here, be cautious about chasing up (see the picture for details).

From the daily line, the closing needle here means that this downward exploration initially encountered resistance from the bulls. If it is a regular fluctuation downward exploration, support has been formed in the area near 54930, and you can participate.

The first support is 54930 (short), and the second support is 52400~50700.

The first pressure is 57100~57380 (short), and the second pressure is 59110.

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