#BTC On Saturday weekend, the price trend of Bitcoin uncharacteristically broke the relative calm and ushered in a rapid decline. It hit a record high of 73881 on the 14th and then quickly corrected for several consecutive days. It fell to the lowest of 64533 at around 3 pm yesterday. Then it began to rebound, and now the price has returned to around 67,400. This wave of correction dropped nearly 9,000 points from high to low, which is also in line with the characteristics of a bull market with multiple plunges and multiple pins. As we all know, there is no market that only rises but never falls. In a bull market, it is impossible to keep going up without looking back. During the bull market, every drop and every violent washout are all for a better rise! Therefore, for long-term holders or long-term positions, short-term fluctuations can basically be ignored, but for mid- and short-term market players, it is particularly important to maintain the correct operating rhythm. Disordered rhythm often results in chasing ups and killing downs.

From the perspective of the current technical structure, the overall operating channel of the small cycle at this stage still maintains a downward opening state and is developing. Although the price has rebounded from the downward trend, the overall rhythm is still running at a weak pace. In terms of the indicators in the attached picture, the short position can be The short position is still maintained and the volume is increasing. The three moving averages maintain a downward trend as a whole. The price rebound is restricted and is still in a callback state.

In the short-term level, the downward trend of the operating channel is obvious, and the price impact on the upper rail trend failed to effectively stabilize and closed in the negative direction. The current price continues to fall in the mid-rail area. The energy aspect has also turned from long to short, and the volume remains medium, with the moving average three lines. The obvious downward diffusion trend continues to develop, and there are already signs of turning downward, so we can still maintain the high short selling idea and follow the trend for the follow-up ideas!

Personal suggestions for Monday morning operations:

Bitcoin is short around the 67700-68000 area, with a target of 66800-66000!

Just synchronize your ideas with Ethereum! #ETH #热门话题 #区块链弘毅