Yesterday, Bitcoin's daily K-line closed with a small positive line. In the market trend of the past three days, the daily level showed a bullish signal. For bulls, the only shortcoming is that the price has not been able to stand above 59,000-60,000; the current price is testing the first resistance zone at 58,500, and the 10ema-15ema of the three moving averages also has a certain suppressive effect; if the price can stand above 60,000 again today, it can be basically determined that the short trend from the high of 72,000 on June 5 to 53,300 has ended, and the market outlook will continue to maintain a shock or upward trend. The probability is relatively high, otherwise it means that the downside risk still exists. In terms of operation, the main reference period is 4 hours, with 63800 to 53300 to draw the short-selling ideas. The Fibonacci retracement ratio can focus on the signal performance of the 50%-61.8% [58500-59800] range; as long as the standard bearish signal appears at the 1-2-4 hour level, you can try to enter the short position, and the defense is considered to be set at 76.4% [61500-61800], and the short-selling targets are 56000-55000.

Bearish basis 1: The downward trend line from the high of 72000 is still intact

Bearish basis 2: The slope of the three moving averages 50MA45 degrees is downward and in the dead cross stage

Bearish basis 3: Fibonacci retracement ratio 50%-61.8% potential suppression

Recommended idea: Stop the decline and rebound to continue

Focus on support and resistance today:

BTC: resistance 59800-60000; support 53300-53000

ETH: resistance 3250-3300; support 2830-2800

There is nothing much to say about the copycat, the time has not come yet, I will say it when it comes.

Observation: bonk, zen, ethfi, chr, tia.....

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After the market collapsed, Brother Jiu ambushed some potential coins that are ready to explode.

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