Generally, after a rapid decline, BTC will rebound in retaliation. This is the result of the long-short game between chips, and the result of the main force clearing shorts after the long positions are cleared.

So the market over the weekend began to clear shorts.

From the contract clearing map, the clearing intensity near 57,000 is 100 million.

The clearing intensity of 56,000 is 288 million, the clearing intensity near 55,000 is 470 million US dollars, and the clearing intensity near 60,000 above is about 300 million US dollars, and the clearing intensity near 63,000 is 400 million US dollars

So how should the market go next? Will it continue to rebound and clear shorts, or will it retreat and clear longs?

From the current trend, the four-hour level encountered resistance and pressure at the 58,500 point line and fell back. In the process of falling back, it encountered certain support at 57,300 points, and the market started to fluctuate. Therefore, the next market has the probability of continuing to rebound to the line between 59,000-60,000, and then began to retreat.

When we operate, we should try to be more stable and start to arrange short orders above 59,000. The best arrangement point for long orders is within 54,000 points!

The overall market is still expected to fluctuate. The current fluctuation range is between 53,000 and 60,000. As time goes by,

the fluctuation range may be enlarged with bad news or good news, so 50,000 is the bottom of the range. When the market runs to within 52,000, spot and contract can all be gradually arranged to enter the market.

The current market is volatile. Whether you are keen on contracts or spots,

you can click on my avatar, follow, and enter the homepage for more information.

Again, if you come to me, I can take you ashore, you just lie down,

I will not let my fans miss out in this bull market!

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