According to previous analysis and judgment, Bitcoin has entered a volatile upward channel, and today's actual trend has been further verified.
The news situation is relatively stable at the moment. Although there is a lack of new driving positive factors, market confidence and enthusiasm have not subsided after such a long period of consolidation, so the fundamentals are supported.
From the K-line technology, it can be clearly seen that 41500 provides strong support. After two consecutive strong K-lines broke through as shown in the figure below, it began to fluctuate upward.
From the spot perspective, you can still hold it with confidence and without any worries.
From the perspective of contracts, volatility is decreasing. Aggressive short-term investors can appropriately increase leverage to do spread trading. Any leverage below 20 times is controllable. The probability of going long with 42700 as support is higher. The first pressure point above is around 44500
Overall, we will maintain a more volatile outlook
