From the perspective of technical structure, Bitcoin rose strongly last night at the four-hour level, but was blocked in the 71,800 area. Multiple impacts did not effectively break through, so it fluctuated and consolidated near the 71,000 area! At present, with the continuous shrinking of the volume of the Duotou, the price has also shown signs of continuous negative, and the moving average hook head downward diffusion signs are obvious. There is a clear downward retracement demand in the structure!

At the one-hour level, the price failed to rise and thus fell back. The K line fluctuated and consolidated all the way downward, and there was no big negative decline. The running channel showed a narrow parallel state in development. At present, the K line has physically broken through the middle track, and there is still further downward demand! Then the subsequent operations will be carried out around the high position!

Personal operation suggestions:

Bitcoin 71100-71600 area is good, target 70300-70100

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