Text: Bitcoin's weekly K-line closed with a strong momentum. If Bitcoin can firmly stand firm at 66324 points, the trend will completely reverse. Bitcoin is currently in a large-cycle adjustment flag channel. It can be clearly seen that this is a typical relay adjustment structure on the way up, with a total adjustment time of about 190 days. If it can continue to break upward, it can be regarded as standing firm and reversing. Whether the large cycle can break through, we can refer to the small cycle. It can be seen from the daily K-line that it is currently near the high pressure ahead. Yesterday, I talked about the 4H hourly level pressure at 64210. When writing this article, Bitcoin has strongly broken through to above 64400. The three consecutive positive weekly K-lines are about to touch the largest pressure position ahead of 66324 points. When the market reaches this stage, we should adjust our thinking to go long at low levels.

I mentioned many times before that we should focus on buying at low levels, including yesterday and the day before yesterday. You can go back and have a look. I have given the specific points. You should have received the long orders near 62,300 points. In yesterday's article, Lao Lin emphasized that the 4H level of the big cake volume was shrinking and shaky, and suggested a spike. Last night, the big cake once spiked to more than 62,000 points. The following figure

At the same time, I would like to remind everyone that the shaky 4H level market is not because I am pessimistic. I would also like to remind everyone not to short, but to focus on long positions at low levels. I have already reminded everyone that you can start to build a second-layer position at 58,000 points more than ten days ago, for this reason. So whether you are speculating in spot or doing contracts every day, you should have a certain degree of sensitivity to indicator data. Many people say that graphic indicators are lagging and useless. Are they useful? Lao Lin has been talking about graphic indicators for the past ten days. Why does the market go as I said? Practice has proved that graphic indicators are feasible. Of course, the judgment of a market cannot only rely on graphics, but also on data, information and other aspects.

As for the copycats: When I mentioned JTO before, it was almost 30 points. Don’t worry about JTO, ENA, YGG, and ARKM. Except for ENA, these copycats are constantly washing the market and absorbing chips. ENA is a death spiral model based on pledge logic. I have talked about this model before, and I will not repeat it today. Wait for the bull market to come. When the leverage is gradually fully pulled, it will be the time for ENA to take off. Go for it boldly.

#BTC☀