Thursday Market Analysis

BTC daily price has a certain breakthrough after being affected by CPI data. The current price is above 66,000. There is no obvious high resistance position on the daily line. After the price rises straight in the short-term four-hour line, it is recommended to pay more attention to the selling pressure of the left side of the previous high 67,000-67,500. The attached indicator has been running in the high oversold area for a long time. The indicator has no much reference value. It is recommended to pay attention to the strength of the 64,200-64,600 line. Overall, the daily line has strongly broken through the long-short dividing trend line. It will take 18-36 hours to determine whether the trend has completely reversed. Therefore, it is stable to continue to wait and see in the short position and arrange long orders for aggressive callbacks.