Bitcoin's short-term support is 58,300-59,500 US dollars, and its short-term pressure is 61,800-63,000 US dollars. The three major US stock indexes rose and fell. Yesterday, it was announced that the Mentougou claims would start from July to October, and Bitcoin accelerated its decline under this influence. Some experts say that the selling pressure of Bitcoin caused by Mentougou will be less than expected. However, if the selling pressure of Bitcoin current price ETF does not stop, the downward pressure of Bitcoin will still exist. From the technical trend, Bitcoin broke down and went down. At present, there are signs of closing the pin on the daily line. I personally think that there is a high possibility of forming a second leg above 56,500 US dollars. Once the pin is successfully inserted at 58,300 US dollars, Bitcoin will enter a bottoming stage. The short-term stop loss must at least stand at 63,000 US dollars, and the medium-term stop loss must return to 65,000-66,000 US dollars. Now it is in a period of volatility. It is recommended to make small positions or open positions at low levels. But the allocation ratio should be lowered. $BTC