BTC was long at 67000-67500 yesterday, and today it reached a high of 69500, with a profit of 2000 points. Did you follow it? Just like Ethereum, it gives a clear entry position and entry logic. If you look at the daily analysis carefully, you can't miss this market.
For Bitcoin, after the ETF is implemented, as long as it is not rejected, there will be no negative impact on the market. Bitcoin will return to its own market. The follow-up will mainly be based on the Fed's interest rate cut time. We focus on the trend of gold and the US dollar.
Yesterday we mentioned that the 67,000 position is the turning point of the current round of long and short positions. At present, there is no logic for short positions to kill here. There will be demand for declines. It can be clearly seen from the figure that the second retracement to the downward trend line, the recovery, the false break, and the real breakthrough. As long as the subsequent market cannot effectively break below 67,000, the overall bullish
At this position, retail investors are rarely on the car. They dare not buy when it rises, and they dare not buy when it falls. The chip structure is very good, the car is light, and the main force exerts a little force. Breaking through 70,000 is easy.
Follow-up short-term resistance attention, 70,000 71,000, if it can stand firm at 70,000, there is a high probability of breakthrough 72000, forming a new high point, yesterday's low long orders can be reduced and continued to hold, do a good job of protection, and continue to be bullish