The 59,000 resistance level given in yesterday's analysis has reached as low as 58,200. The price has perfectly broken through the consolidation zone below and is now in the position of retracement support and resistance conversion. Pay attention to Powell's monetary policy meeting at 22:00 tonight, and CPI will be announced on Thursday.

Germany holds 60,000 BTC, and now only has 13,000 after continuous selling. If the budget reserves BTC, then this negative news will be digested this week. The next question is whether Mentougou is a smokescreen or will be compensated.

As long as the price of Mentougou is unlocked, it will start to fall. This is a potential black swan. Don't treat it as a small negative news that will trigger a sell-off stampede. This market is driven by emotions, and the liquidity in the market itself is poor. Compensation If the selling is implemented, it will lead to the decline of the overall market. While the market is rising strongly, there is also the risk of a news-related door. It is still not recommended to enter the market for long-term trend orders.

From a technical perspective, we can see yesterday's triangle. It has broken through the convergence and the double bottom at the 4-hour level. It will continue to be bullish in the short term. The daily level is now near the central axis of the channel. The next pressure level of the daily line that needs to be paid attention to is 61500. The volume distribution chart also shows that the chips are concentrated here, which is a potential target for long orders.

For intraday operations, it is recommended to refer to the short-term support of 58000. If the callback force is significantly weakened, the possibility of breaking through the position and rising will increase. The probability of breaking through 60000 in the short term will increase. Consider shorting at the pressure level of 61000-62000.