$BTC 8.7 The four-hour level has gone up in small steps. Do you want to chase it? Let me first say the conclusion. It is not recommended to chase high. The chips at the bottom have not been fully changed. The intraday increase is mainly linked to the US stock futures. If the US stock opens high and goes low at night, the big cake may be at risk of a big drop.

We mentioned yesterday that 59,000 is the upper resistance level. The previous decline was very large and it was difficult to reverse directly.

The shape has gone out of an ascending wedge, indicating that the amplitude is weak and the long volume is exhausted. Pay attention to the risk of decline.

If you want to enter a long position, you need to wait for at least 59,000 to stabilize.

Wait for the four-hour level to close the negative here, you can consider laying out a short position, which is more cost-effective.

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