$BTC has rebounded during the day and fallen at night in the past two days. Will it continue today?
After the decline last night, it is currently in the rebound stage and has formed a 5-minute rising channel.
The catcher believes that the rebound → decline pattern will continue today.
Figure 1, the downward trend of BTC daily level has been formed, so it is necessary to focus on short positions. Today's short order support is at the Fibonacci line 0.5 position, which is around 59500. Our short-term target is also temporarily seen here.
Figure 2, the resistance level of the short-term rebound is the upper edge of the downward trend line, which is around 61600.
Order strategy: short at 61600, stop profit: 59500, stop loss: 62500
If it falls below the short-term support line 61100 in advance, short at the current price directly.
