After the price of Bitcoin surged yesterday, it was clearly stated that the news-driven rise should be cautious in chasing highs. In the morning, a short position of 71,500 was given. The market rebounded to 71,498 in the afternoon, and then directly fell below 70,000 in the evening.

The upward movement of Bitcoin driven by the news of Auntie is ultimately unstable. Auntie surged twice yesterday, but Bitcoin fell instead. After the approval of Auntie ETF, it may be like the previous approval of Bitcoin ETF. The good news will lead to bad news, and the market will fall again. Therefore, Silk Road is still mainly short at high positions in the past two days.

It is recommended to short Bitcoin at around 70,000 for the day, cover at 70,500, defend at 70,800, and target 68,800-68,000#以太坊ETF批准预期 #BTC走势分析