In the afternoon, the price of Bitcoin dropped to 60,567, once again testing the support of 60,000, but the trading volume was not large enough, and the contract liquidation volume was only about 100 million. This shows that there is capital entering the market to buy the bottom, and the long and short positions are competing at this position.

Some strong altcoins have not yet hit a new low, while weak altcoins have hit a new low. Because the support of 60,000 is relatively obvious, many people will buy the bottom here. But combined with the observation of volume, I personally think that 60,000 will break, and panic trading will be killed. Only after the pin is inserted and the volume is increased, there is a possibility of stopping the decline. So I currently plan to enter the market to buy the bottom after breaking 60,000 and the contract is liquidated.

The first position for adding positions is around 59000, and the second position for adding positions is 56500

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