BTC is now quoted at $64,500.
The current daily chart continues to close strongly with a negative, and the strength of the shorts in the morning is stronger than I thought.
Before facing the heavy support below, there was no sideways consolidation, but a direct penetration.
It can be seen that the longs are extremely weak and will not be ambiguous in the long-term trend. The determination of the shorts to continue to output may bring about a big crash at any time.
The medium-term chart did not reach the callback height as expected, but just fluctuated sideways. Since it broke the previous low, there will be almost no possibility of a callback to the high point near 70,000. If you want to chase the shorts, you can only wait for the medium-term to enter the shock before it is safer, but whether this opportunity can be given depends on the mood of the shorts.
In the short term, there was a bullish structure for two consecutive days, but it also failed to rise for two consecutive days and fell directly below the new low. The first time we chose to wait for the callback and then short at a high position, and the second time we chose to short first and then continue to hang high. As a result, the first price was lower than expected and we received a short order, and the second time we not only did not receive a short order, but also stopped the long order. Both attempts were a failure for the bulls, which was enough to express the dominance of the bears. Next, there is no need to seek profits from short-term callbacks. Shorting on every callback is the safest thing. Patience is the first digit of the wealth code.
More ideas are in the inner,
Whether it is harmonious or fresh, I will share with you, and I will marry you
