Good evening, everyone. I am Mihu. I will analyze the market earlier tonight.

1. $BTC rebounded from the lowest point of 60200 to the highest point of 61940, but has not yet broken through 62100. Judging from the 4-hour level trend during the day, the bears are still dominant. I am still bearish at present.

2. If the next trend falls below the previous low of 60200, the decline will continue to fall. Even if it closes positive today, as long as it does not break through the resistance level, it will still look to the empty. The point I posted in the last article remains unchanged for the time being.

3. The next decline will mainly consider three positions, 60200, 59500, and 58600. In the future, the long and medium-term orders will start to build positions near 6w, with a total position of 10%, which are 1:3:6 respectively. The leverage is 50 times. Those who like to use high leverage can calculate the position by themselves. The stop loss is placed at 57500 (mainly to prevent pins).

4. Last time, a fan suffered a loss. I felt bad. Today, I took him to do a short-term order. It has not yet been fully profitable. It can be regarded as an attempt.

Operation:

1. The three positions of 59500, 58888, and 58500 are set. The last position can be moved up by about 100u. No profit stop is set, and the stop loss is 57500. $ETH can be opened simultaneously.

2. If the big cake does not break the previous low, you can place a long order near 60500. After making a profit, set a moving loss to protect the principal, and the stop profit is not set.

3. I will not look at the short-term for the time being. Of course, my expectation is that it will still fall today. There will be a big fluctuation on Friday.

Don’t forget to pay attention if you like rice porridge.