From the 4-hour chart, the moving average continues to cross and the opening is wide, and there is still room for shorts. In the one-hour trend, the big cake has now fallen below the Fibonacci 0.618 support level of 69,300. The market has clearly turned weak, and with the opening of the moving average cross continuing to expand, the pressure level continues to press down, and the decline will continue. Intraday operations will mainly rebound high.

The top and bottom conversion position is at 68,800, which is also a short position. However, if the market is extremely weak, it is also possible to run below 68,000.

Personal suggestion

Big cake rebounds around 68,300-68,500, and looks at 67,000

Yintai 3820-3840, looks at 3720#BTC走势分析