Today, Bitcoin hit a high of 66,300. Can it go higher? The beacon of Hubei B speculators reappeared. The article ends with an analysis of midnight views.

Hello everyone, I was supposed to rest early today, but I received a private message in the backstage. My phone is ringing all the time, asking if it can go up? I got a short position at 608, a short position at 62, a short position at 63... Then I will show you the market here. It is not advisable to chase more at this moment. If you want to ask me whether it can go down, I think it has risen almost enough and it is time to pull back. So it is recommended to consider a light position at 66,500-66,900. Note that it is a light position. The risk factor of counter-trend operation is still quite high. Only a light position can be used for gambling.

Recently, we have been going long all the way, which is in line with expectations. $BTC left the market from more than 60500 to 65300, with a small difference of 4-5000 points in the middle. Today, it reached more than $BTC 62500, and all 66180 left the market. The subsequent coin price rose to around 66300. This long order is 4800+3680=8480 points, which is still quite considerable. Let's talk about how to operate in the future:

Currently, Bitcoin has touched the previous high of around 66450 and then pulled back. The current coin price is around 66000. So I think it is not advisable to chase long at high positions. Although it is not advisable to go short against the trend, it is still more stable than chasing long at high positions. You can take part of the profit to gamble on shorting once. I don't force everyone to go against the trend here. I just work overtime at zero hours to give my friends who have private messages a personal view of the current market!

As shown in the figure below, the 668 line above belongs to the top of the previous large-scale downward trend channel (as shown in Figure 2). There is a high probability that there will be a certain amount of retracement space at this position, or even that the large-scale short position will continue to be maintained. At present, the attached indicator is basically in the overbought area, which is of little reference value. Let's go straight to the strategy. The stable short position points are as follows:

$BTC 66500-66900 short, defense 67580, target 65500-65000-64100-63600-dare not look at too much, important reminder that short positions still have a certain risk factor. It is recommended to be gentle, gentle...

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