Since the price of Bitcoin rose strongly above the 70,000 mark and was blocked and under pressure, the weekly K level has shown signs of turning. The rhythm has remained extremely weak and has fallen all the way to the 57,000 mark, and has reached the lower track of the weekly K!

From the current rhythm, in the four-hour level, the price of the currency fluctuated and fell all the way, and the pin probed to the 57,000 mark, and then got short-term support and bottomed out. The MACD Kongtou volume in the attached figure indicator was arranged and did not increase too much, so that its price ratio rebounded and repaired as expected! At present, the KDJ three lines also have a roundabout upward trend, and the small cycle rhythm still needs further rebound!

In the one-hour level, Bitcoin once went out of five consecutive Yins and finally touched the bottom of the 57,000 mark and closed Yang! Although there were signs of retracement during the period, as the Kongtou volume continued to shrink, the currency price could not continue to decline further! It was finally swallowed by the big Yang! There is an obvious need for warming up in the short-term rhythm! The morning operation idea can be carried out around the low Duo!

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Bitcoin short-term thinking on Monday morning: 58600-582$00 area, target 59700-59900!