The previous article on BTC suggested that the chips at 61786 took the initiative to stop profit when the market was sprinting upward, and the price also reached the suppression level of 63437, which is basically consistent with our estimated range.

From the overall structure, the main suppression of BTC comes from the chip gathering area around 6.4W on the weekly line. In the past three weeks, there has been neither an effective breakthrough nor a retracement with space. Feedback to the intraday market, the operation space is small.

Under the general idea of ​​maintaining volatility in this weekly K, before the price has no effective breakthrough, we mainly wait for the opportunity to step back on the mid-line support.

For the intraday market, it is basic to not chase high, and focus on short-term rebound after the 4H pullback.

Short-term support 61944~61353 (watch the market), mid-line support 55772~57134 (support pending orders), short-term suppression 64280~65011.