Bitcoin failed to stand above 63,800 in the short term yesterday, and then there was a second retracement to verify the bottom support trend. It will test the support position of 60,000 again.

At the 2-hour level, if the bottom near 60,000 is supported with large volume, the market will strengthen its confidence again. If it is not accompanied by large volume, it will continue to test the strong support position near 58,000.