$BTC
Hello everyone, I am Yaozi. Today is Monday, let me talk about the big cake.
We have said before that the big cake strategy looks at 57,000. From the early morning to eight o'clock this morning, the big cake went from the high point of 58,788 to the position of 57,128. In a few hours, it has achieved a decline of more than a thousand points, so it is only 128 away from our target point.
Let's take a look at today's big cake analysis:
Bitcoin has obvious signs of breaking down, but even if it continues to fall, the amplitude will not be large, and it may find support between 55,000 and 56,000.
The closing of daily, weekly and monthly lines are not very good, all of them are in a downward trend. The more important support of the daily line is at 51460. Whether this month can be better depends on whether 51460 breaks. If it does not break, at least this month can fluctuate widely in a very large range.
If it reaches around 56000, there may be a rebound. Yaozi suggests:
If it comes to around 56000, you can do a long order, and if it rebounds to around 60000, you can do a short order.
