Looking back at the market in recent days, Bitcoin hit the bottom of 58,900 this morning and then quickly recovered to above the 60,000 mark. This week, the highest Bitcoin market also hit the high of 64,164, and then it has been showing a downward trend for several days. I can't say that the decline of the shorts is 100%, but 80% of them are also caught. This week, there is also a space of nearly 5,000 points. If you can't get your share of this market, you really have to reflect on yourself. If you still can't grasp it well, you can find a teacher you think is good.

So now is it long or short? I guess this question is also the first problem that bothers everyone. The negative news last night also verified the trend of the market. As a result, the market is also extremely broken and fell, and the lowest is also down to 58,900. The 60,000 mark has been broken, although the current market has come to run above the 60,000 mark. But can it stabilize above 60,000? Let's listen to Qibo's analysis. Judging from the current market, the Bitcoin price has fallen from 64,000 to 58,900 this week. This downward force does not mean that the long and short positions are going back and forth. Basically, the long positions did not give a significant counterattack below the 60,000 mark. Instead, the air force has been unimpeded all the way. The market also bottomed out at 58,900 last night, and the long positions also quickly recovered and forcibly pulled the price back. Now it is not that the long positions are not exerting their strength, but it can be understood that the timing is not right. The Bitcoin price has also been gradually rising during the day. The weekend is coming soon, and the market will not fluctuate too much during the weekend. We still look up during the day. The big cake is expected to rise to 63,000, and it will be short after breaking through 59,500. The target of Ethereum is 2,500

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