Yesterday, the CPI data was positive, but the institutions dumped the market, and the price fell directly to around 550 and began to rebound.
In recent days, the price of Bitcoin has repeatedly tested 585 and then fell back.
The three lines of the 4-hour Bollinger (BOLL) are running in a narrowing state. The market has recovered all the previous declines, but when it touched the previous 58,000 pressure level, the bulls did not achieve a continuous breakthrough, but fell slightly after being pressed.
RSI: RSI is currently around 59, close to the overbought area but not entering it, indicating that the market still has some room for growth, but it is necessary to be vigilant about the risk of a correction.
Today's operation suggestions
Go long near 555-560, stop loss 400 points
Short near 585, stop loss 300 points
