Analysis of Bitcoin
Bitcoin is in an upward channel recently. Although a 50-point interest rate cut is a positive, it will not take off directly with the interest rate cut. The rise is the basis, and fluctuations are the norm. We still need to maintain a cautious attitude to operate, and we can't blindly go all-in if we are not hungry.
Today's trading volume has fallen back to 69889, but it still remains at a high level, indicating that market sentiment is still optimistic.
The upper pressure of Bitcoin is 625, and there is no effective breakthrough.
Today's operation is still mainly low-long
595-600 near long, stop loss 400 points
