1. BTC is not the second test here because the volume here is too large.

2. Before the second test, there were obvious institutional short-term hedging behaviors. The institutional positions were built in less than 2 weeks. They are unlikely to do such short-term things. I think it is likely to reach the range of 40-43, and the time may be in the next two or three months.

3. At present, the trend of US stocks and Nvidia is not ideal. As BTC at the end of liquidity, it will definitely be affected by them and follow their trend.

4. The exchange rate of the cottage BTC may be the flight of institutional funds within the currency circle, because many cottages are now oversold to the bottom. Looking at the trend of one or two months in a small cycle, it is no problem for the cottage to pull up dozens of points and then distribute them. Consider doing some cottage rebounds later.

5. For the short orders of BTC, we still have to wait for the rebound. The market can fluctuate within a range of more than ten points in one month, and then enter.

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