Hold on, at most, it will fall for another two days before the weekend stagflation

Yesterday's market review: In the morning, the price of Bitcoin fell below 58,000 and rebounded to 60,000, and was attacked by short sellers. It can be said that it was attacked as soon as it appeared. In the evening, it broke through the 58,000 mark again. The bulls resisted stubbornly and quickly counterattacked. It rose to around 60,000 and was severely beaten by the air force. It can be seen that 58,000 is a must-fight place for bulls, and 60,000 is a place where the air force is heavily deployed.

The current market is around 59,000. Back to today's market analysis: From the K-line, the 1-hour level is sideways, and the 4-hour, 12-hour, and daily levels are in a downward trend. The intraday pressure level is 62,000 and the support level is 56,000.

After such a drop, the time for Bitcoin to stand at 70,000 will be postponed, and the trend to 70,000 in the future will be bumpy. The market will continue to wash and shake, smoothing out long positions. Before Bitcoin reaches a new high, don't have illusions about any copycats, including Ethereum.