[Daily Market Observation 4.5]
The big cake rebounded strongly last night, testing the trend line drawn yesterday and the pressure zone of the short-term top.
After today's dawdling, the price basically returned to around 67,000.
The price has not changed much, the difference is that some people's wallets have become thicker, while some people are standing on the top of the mountain to watch the wind.
This rebound is not a good signal from a medium- and long-term perspective. The probability of ending the adjustment within two or three days is very low. In the short term, we will first look at the support of 64,500.
It is difficult to buy a bull back, and it is all opportunities to smash it down. Don't worry or be pessimistic. In this round of bull market, it is easy for the big cake to reach 150,000. Just wait for the time and don't be impatient.
See the figure below for detailed reading and analysis.
