The big cake continues to fall in the correction. Squatting down is only to jump higher.

When we published the article yesterday, we analyzed that in the 4-hour level downward trend, the 12-hour decline has just begun, so it is inevitable to continue to fall. As for where the decline will stop, we can only wait and see, but it can be said that the diamond bottom is around 42,000. If you see it, you can buy it without thinking.

An interesting discovery is that although the technical indicators are bearish in the past two days, the two big declines began to smash the market after the US stock market closed, that is, the Americans smashed it themselves. Why did they choose to smash the market after the US stock market closed? This is a bit of conspiracy. During the opening of the US stock market, there is a Bitcoin ETF to provide market-making funds, and the liquidity is good. The dealer does not ship at this time, but only ships and smashes the market when the US stock market is closed. The dealer does not like to ship at a high price? He is not stupid. The only reasonable explanation is that he maliciously smashes the market, explodes the bulls, and gets some people off the car. The car is lighter and can run faster and more stable.

Today's market analysis: From the K-line, the 1-hour level has stopped falling. If the lower shadow line 58000 does not fall again, it will be confirmed as the short-term bottom. The 4-hour and 12-hour levels are in a downward trend. The daily level has just entered a downward trend, and the intraday high-altitude is the main. The intraday pressure level is 62000, and the support level is 56200.