The fluctuations of BTC in the Asian market in the past were relatively small. Today, it started to trend independently and fell independently. The spot price fell from the morning high of around 70,000 on heavy volume, and the lowest hit around 65,000 before stopping the decline. The overall decline reached 5,000 points, and the contract fluctuated even more. It was another bleak day for the bulls, resulting in more than 500 million liquidated positions. Recently, it has been repeatedly mentioned that in the bull market, sharp declines are inevitable. Risk control must be done at all times to avoid being taken away by a wave.

Once it starts to fall, various information platforms begin to find reasons for the decline. There is no reason. The market is always ahead of the news. The current wave of heavy volume decline has fallen below the key point of 68600. The market is always correct and goes against the trend. Don’t do too many extra operations, don’t cover your positions easily, and don’t trade because of losses. The risk is huge. You can consider deploying some core spot stocks. The risk is controllable. The core spot stocks that have fallen due to the decline of the market are opportunities for us to deploy.

From a graphic point of view, it has been a three-stage decline. Today’s decline is the largest. Without fundamental problems, the subsequent decline may not have enough momentum. At present, we need to pay attention to whether the decline can be stopped. The lower edge of the current shock range of 68600-71500, 68600, has been broken by heavy volume. , the short-term is definitely weak. Generally speaking, it falls sharply. We will consider paying attention to the opportunity for rebound. If there is a negative fall, we will not enter the market easily. We will pay attention to the trend of the US market in the evening and focus on whether it can form a shock near 66000 to stop the decline. Try to enter

At this point, the support of 68600 has been broken. Further attention will be paid to 65500 and above 62900. The support and resistance of 68600 will be exchanged again.

In terms of operation, the risk of entering the market against the trend is relatively high, so you must take a light position with a stop loss. If the lower part can stabilize near 65500, you can try to buy low on the left. If it can fluctuate above 66000, you should also pay attention to the opportunity for rebound. If it falls below 65000, you need to pay attention. Support near 63000