Market trend analysis:

Bitcoin is currently in a right-side oscillating trend. Yesterday's closing performance was not good. Although it fell back after the surge, the trading volume showed that the market is still full of supply.

Next, observe the trend of the next two days to see if there will be a follow-up supply. In the large-scale high-level oscillation structure, we have experienced nearly 7 months of adjustment, and the turnover of chips is quite sufficient.

If the demand in the future market begins to intervene, the possibility of currency price increase will be greatly increased. Spot continues to hold positions, and the upper key pressure level is still in the 64,000-65,000 range. Only by breaking through this position can Bitcoin usher in a strong rebound.

ETH is still in a weak linkage, and the exchange rate has not yet reached the bottom, and further bottoming is needed. The capital side of the altcoin market is still healthy, but in the short term, it is necessary to pay close attention to the trend of Bitcoin to determine whether the altcoin market can further strengthen.

At present, there is a wait-and-see mood in funds. The previous strong rise was only the first large-scale and comprehensive rise. In the future, it is still necessary to verify whether demand can continue. The bottom of most currencies is relatively clear, and a new rise can only be started after the right side is confirmed.

Seize the opportunity and pay attention to the key trends of Bitcoin. There will definitely be exciting times in the future.