5.16 Bitcoin Daily:
Yesterday's breakthrough of the 20-line plus the positive CPI led to a long-unseen big positive line. Although we saw a big positive line with no head and no feet, the daily level still did not break away from the oscillation range. If you want to confirm the rising flag pattern at the daily level, the bulls need to continue to pull the market to break through the potential upper edge of the structure above 70,000.
I dare not move this position regardless of whether it is long or short, and wait patiently for a clear direction.
The same is true for the medium and short term.
