Today's Bitcoin trend is very confusing. Whether it will fall to 58,000 depends on this point.

As I said yesterday, the bearish trend at the daily level has been formed and is currently moving downward.

Looking at Figure 1, although the upward slope of the moving average has begun to slow down, it does not unexpectedly indicate a rebound.

Under the current external situation, the stock market is under repair and people are going on holiday. The market has always fallen during holidays in previous years, so the trend, news and volume are all bearish.

Now let's look at the 63,000 level, which is a key level. Although there was a spike this morning, I don't think it is a limited breakthrough. If it breaks through 60,000, it will not be a big deal. It may be 58,000 again.

So in terms of thinking, we would rather wait for a slight rebound before going short than go long easily.

Moreover, the situation is complicated today, so I may focus more on some copycat markets that have risen due to hype.

The reason is simple, because BTC fell 3% and the altcoin fell 30%.

BTC operation ideas: "The first position is short near 638. If the first target is 630, continue to hold and increase the position. If the rebound is strong, close the position first to protect the profit. Stop loss at 646. If you lose money due to bad luck, there may be other situations. Observe the situation at 649 and go short. Of course, you can't look that far ahead when making strategies. Complete the first position first!"

There is also a lot of room for the copycat market, sol, shiu, hmstr,