Without wind and waves, there would be no brave surfers; without thorns, there would be no unyielding pioneers. Tuesday morning!

This week is a good start. The price of the currency has once again broken through 68,000 and is close to 70,000. It is currently in a critical stage of the long-short game. Last night, the price of the currency fluctuated in a short range. The daily K-line also began to retrace. The retracement after the pull-up usually lasts for a period of time. If it falls below 66,000 today, it may seriously damage the strength of the bulls. Yesterday's volatility was not large, showing a high degree of repetitiveness. It seemed weak but actually operated within the range.

Looking back at the market trend last night, after bottoming out and rebounding, it encountered resistance near the low point of 67,000 after the decline correction in the early morning. It is worth noting that the market performance in the early morning was mainly sideways correction, while today's early morning showed a continuous hourly rebound trend, breaking the previous cycle pattern. Therefore, the strength of the intraday market will depend on the passage of time and the strength of the rebound.

In short, we will temporarily rely on the suppression of 68000 to see the market fluctuating around the low level on this trading day, and pay attention to the support around 66000 below; if it unexpectedly breaks above 680000, we will make adjustments to the rhythm and pay attention to the strength of the European session. The US session will make further bullish or bearish decisions based on the strength of the European session.