In the morning, I heard the computer beeping and I knew that the price of Bitcoin was falling again. I was too sleepy to open my eyes. This wave of decline directly broke through the short-term support.

At present, Bitcoin has formed a convergent triangle pattern in the four-hour period and has been in a wide range of fluctuations. The original resistance level of 590 was broken two days ago and was not held, forming a support and resistance call. After today's decline, the overall situation has formed a false breakthrough.

Then you can pay attention to the 590 area in the future. If the subsequent rebound is blocked, you can enter a short position. On the contrary, if the breakthrough is stable, you can enter a long position. I am more bearish, and there is a futures gap of #BTC☀ at the 540 position below.