Daily Market Analysis — $BTC
The reference period is 2 hours. Yesterday, it was mentioned that the price might encounter resistance and fall back in the 68050 area, and rebound in the 66600 area.
Although the market did not rebound to the 68050 area, there was indeed a rebound after retracing to 66600, reaching a high of 68847.
Currently, in the short term, the 68050 area is exhibiting a phenomenon of support and resistance conversion. Next, pay attention to whether the price will retrace to the 66600 area again to see if a second rebound will occur.
