Open the hourly chart and you will find that BTC has formed an arc bottom pattern. This pattern is very stable. In the early stage, there were violent fluctuations between 62,000 and 60,000, and the liquidity was huge. After a day, the liquidity in this area was removed, which shows that the bulls are very strong. Maintaining above 62,000, if the previous low of 61,675 is not broken, it will continue to go up. Why is it slow? Because if it pulls too fast, the main force’s cost advantage of building a position will be reduced, so it is necessary to slowly grind the bottom. In 15 minutes, a trend of not breaking the previous high and lowering the high point is formed, but this is easy to confuse people. Many short sellers can’t help but open shorts. This is only a short-term one or two hundred points. Don’t be confused and easy to be fooled. Although trading is uncertain, in terms of probability, it is more likely to succeed if it goes up. Judging from the intention of funds, it should be sideways to absorb funds and continue to pull up. Why do you need to make a weak chart in 15 minutes? It is more conducive to absorbing funds. If someone is shorting, there will be a counter-party, which is conducive to the main force to get chips. Don’t lose the watermelon and pick up sesame seeds. You might as well enlarge the cycle a little bit.
The above personal opinions are for reference only. Do a good job of risk control and set the stop loss for long contracts slightly below the previous low of 61675.