Friends should have seen yesterday's news that Mentougou will start compensation in July. Before the compensation is completed, the probability of BTC going up unilaterally is not high. You can't just rush to take over when there is selling pressure.

For the compensation of Mentougou, you can pay more attention to self-media. When there are many reports of forced wealth, the incident of Mentougou will probably be turned over, and there will be no attention in the future.

From the K-line of BTC, the falling position corresponding to the top rectangle has fallen in place. Several price positions worth paying attention to recently are 6w (Fibonacci support position, mainly focusing on the daily closing price), 5.77w-200-day line, and finally the previous low of 5.65w-if it falls below this, it will definitely be a very ugly trend from the perspective of technical analysis.

At least in terms of time, I don't think the callback market is over. The best case scenario is probably the shock-type repair market after mid-to-late April. The bad case is that there will be another big pin. After several rounds of bottom tests, we can determine where the real bottom is, and then keep an eye on several sentiment indicators!