880472888Logical analysis of the 60-hour cycle: Can it reach 63,000?

The current price is near the support, but the support is not strong. Pulling out the Fibonacci resistance backtest, we can see that the rebound resistance of the current trend is 67,000. If the market continues to fall at this position, then it will at least go to 65,700

Some people in my community take a light position at 67,000. I think there is no problem. The profit and loss ratio on the left is very suitable

As for the later question of whether it can reach 63,000, I think it can't be reached at once. The short-term market still needs to be seen step by step. The reason why it can't be reached at once is also very simple. There is a head and shoulders top pattern above 63,000

Quote the original words of the previous article: The more complex the pattern, the stronger the support and resistance in the future market

This is the main basis for my judgment that it cannot be directly 63,000