[2.38 billion CNY was wiped out overnight, 48,196 people were forced to go bankrupt. Did you chase high again last night? 】

2024.5.7 8:39 AM BTC Market Analysis

Last night, the big cake rushed up twice, directly attracting countless people who couldn't help chasing high FOMO. Once they chased high, the amount of liquidation came up. They endured for a week in vain! It led to failure. Patience is not the secret to success in the secondary market. Follow the indicators and ignore all FUD. This is what we need to do, so that we can avoid the surprise of the news as much as possible!

BTC Focus

Support 60200/58600

Pressure is tentatively set at 65600±200

This is the extension of the trend line of the 1-hour cycle. At this moment, it is running in this upper and lower rail range. If it maintains consolidation above 62600 for a long time, it will release a signal to challenge 65500+ again. If it falls below 62600, it will be a signal to test downward. You can pay attention to the market choice within 24 hours! #BTC走势分析 $BTC