The overall BTC market is still weak. With the small fluctuations in the US market yesterday, the big cake started to fall independently, from the highest 62800 to the lowest 60600, and the decline reached 2000U. It is currently fluctuating around 61000. The current continuous loss effect has led to poor bullish sentiment and low market activity. There is no room for short-term operations in this situation.

At the macro level, there is not much volatility today. Neither the US dollar nor gold has fluctuated slightly. The current market decline can only be regarded as an unsteady chip cut and exit. Grayscale, the largest source of supply before, has also stopped outflowing. The only problem at present is the inflow of funds. A small amount of long funds can drive the market. Spot can be held patiently. This position is low in the medium and long term. We are still in the early stage of the bull market.

From the trend point of view, the current weakness continues and has fallen back to the downward trend line. Our idea yesterday was mainly to stabilize. We will consider entering the market only after stabilizing 62000. If it falls below 62000, Do not consider entering the market in the short term. In the downward trend, the risk of counter-trend operation is relatively high and the certainty is insufficient. If you can avoid participating, do not participate. Wait and see, and wait patiently for the market to recover. The current continuous batch layout of spot is not affected.

Short-term support below 60000 58000

Short-term resistance above 63600 67000

In terms of operation, the idea of ​​stabilization is still the main idea. If it cannot stabilize at 62000, do not consider entering the market. If the US market can stabilize at 62000 today, go long with the trend #BTC走势分析 $BTC $ETH