At present, Bitcoin is still fluctuating around $63,000 and Ethereum is also around $2,550. This Sunday, the index should fluctuate and adjust.
Now, it is adjusting the index sideways at a high level. It should not fall so easily. After the adjustment, it will still rise in the future.
Many people think that this wave of pull-up has ended by more than 10,000 points. Judging from the current trend, the pull-up has not ended.
In fact, through my recent trend, we can see that Bitcoin has always been in a fluctuating upward pattern. As long as the trend line is not broken, it is still a bullish pattern. Therefore, at present, it is mainly long and short. At present, the risk factor is too high. $61,500 is the key support level of Bitcoin. If it is not broken here, the space below cannot be opened.
The small-level indicator is now in a bearish pattern. Wait for a normal retracement, so in the subsequent trend, it may fall down and test the support near 61,500 in waves, and then come to a standard inducement trend.
