The analysis shows that the long orders on the left side of 62500 have already made more than 2000 points of profit, including the long orders that have stabilized at 64000, which also provide enough profit space! It should be noted that the current price is in the early chip concentration area, and long orders should pay attention to stop profit. Once it cannot break through, the second wave of correction will begin in four hours.

Basically, when the market has good news, ETFs will follow the inflow of funds. Recently, this amount has far exceeded the selling pressure of the German government and Mentougou. The main reason is that the repayment is repaid by currency separately, not directly sold by legal currency, so the selling pressure here may not be as large as expected

The market has recovered from panic, and a wedge trend has appeared in the form trend, indicating that there is still a risk of decline. This wave of market is a short-term increase, which is more caused by emotions. It should be noted that the market caused by emotions will not last too long

In the short term, BTC's 64000 resistance has now become support, but this support is a weak support, and the key support at a large level is still around 59600-60000 of Fibonacci 0.5. Therefore, long positions should be reserved until around 60,000 and then enter the market in batches.

On the 15th, we said that if the resistance level is broken, then the upper track of the channel is also the chip concentration area, which is the potential target position of the bulls. It belongs to the chip pressure + upward trend line suppression + weekly M top neckline pressure. You can pay attention to the opportunity of shorting in batches. In the big cycle, continue to pay attention to the resistance of 66,500 and 67,500 we issued.