Yesterday, we issued a long position of 66,500 for BTC, but unfortunately it stopped falling at 66,600. The buying below was too strong, but if there were aggressive fans who entered the market directly nearby, it would be comfortable. There are also two opportunities to enter the market at 68,200 for short positions, both with hundreds of points of space!

Why is the market so strong now? The spot ETF had a net inflow of US$470 million yesterday, and the Bitcoin reserves held by the trading platform are now reported at about 2.68 million, a record low. These are all factors that are conducive to pulling the market.

From a technical perspective, the correction in the past two days has not fallen by half of the previous big positive line, which is a bullish signal. After the 4-hour consolidation, the market may continue to pull, and the altcoins in your hands should not be easily washed out. The current situation of being sucked blood and falling is obviously wearing out the patience of those who enter the market at low positions with low leverage. At the same time, there is a double kill of long and short positions. Let’s talk about the operation directly:

Pressure level 68700-68900

Support level 66700-66400 #BTC要挑战7W大关了吗？ #BTC☀ #TON #SOL #Dogs