The market of $BTC is like a roller coaster ride, mainly manifested in a volatile decline. Especially in the early hours of the morning, the trading volume increased sharply, and the price plummeted like a waterfall, now close to the position of 60300. At the same time, the previously hot A-share market also suffered a sudden sell-off, and the price continued to decline. Coupled with the reverse change of the US dollar index, it brought double pressure to the market, making the overall market more turbulent.

From a short-term perspective, the signal of adjustment is already very obvious, and the support level of 60000 will face severe tests again. However, given that the position has successfully resisted the decline last week, I expect it will most likely hold up this time. Don't panic too much, our bull market is not over yet!

On Thursday, if Bitcoin pulls back to the range of 60200 to 60000, it will be an excellent opportunity to go long, and the target price can be set between 61500 and 62200.

In addition, if Ethereum pulls back to the range of 2350 to 2330, you should not hesitate and should decisively go long, with the target price pointing directly to 2420 to 2450.