Yesterday, the price of Bitcoin quickly rose above 69,000 at midnight, and then began to fall under pressure. The price touched around 66,300 during the day and then rebounded to around 67,000 and fluctuated. The Bollinger Bands on the 4-hour chart began to close. Yesterday's rebound was under pressure on the upper track of the Bollinger Bands, and fell back to close below the middle track during the day. Currently, the upper and lower tracks have begun to close flat. Short-term trading began to enter shrinking volume before the news, and the space began to shrink. Partially, it entered a back-and-forth tug-of-war. Short-term operations are more challenging to the entry point. At present, resistance is initially formed on the upper track near 69,000-69,500. This position is also a key resistance point, which determines whether the market will go down or rebound in the future. At present, it is temporarily maintained below the high point of yesterday's rebound and the opportunity is selected to go high. Break through and then adjust the thinking.
My personal operation suggestion is to continue shorting when the price rebounds to 67800-68100, and the target is around 67000-66000
