BTC afternoon analysis

After continuous stretching and rising, the big cake also showed signs of pressure, reaching a high of around 69,000, and then began to insert needles. Yesterday's daily line also continued to fall. Facing the strong pressure of the 70,000 mark, it fell directly to a low of 66,652 yesterday, fluctuating back and forth by thousands of points, sweeping the entire market of long and short positions!

At present, the daily line is also a continuous downward trend, but it does not have much impact on the overall structure. The four-hour level also rebounded after touching the moving average, and did not go out of the continuation of unilateral downward movement. Personally, I suggest that you can arrange long orders around the low position of the range.