Bitcoin has a downward trend line that has been falling for 4 consecutive days. It has not broken through yet. The price should be around 61,000.

After breaking through here, the risk of going long after a large volume rise and then falling back is lower. Now going long at 60,000 is a left-side bottom-fishing, and 59,300 to 58,300 are all supports.

The extreme support point is around 58,300 to 58,500. Normally, there will be bottom-fishing between 60,000 and 59,000.

Summary: After breaking through 61,000, if you observe the short-term trend and it does not continue to fall rapidly, it will actually be safer (but sometimes you have to keep an eye on the right-side rise, and many times the dog dealer likes to deceive people). But if you are a left-side trader, you will have a cost advantage if you go long in batches after the rise. #BTC #翻仓