In the past two days, we have been reminding us that the correction trend has not ended yet and we should be cautious in entering the market. Did it fall as expected today? Entering the market at 65,000 and settling in at 66,500 is also the right thing to do.

Last week's weekly line has closed. When there is no narrative, the closer the range is to the upper and lower edges, the more things can be done. I mentioned a few days ago that the expected short-term rebound near 65,000 is valid.

After testing the 65,000 mark, although there was no obvious strong rebound, the momentum of recovery was quite obvious, and the overall trend was slightly sluggish.

At present, the main trend is oscillating and the secondary trend is rising. From the technical structure point of view, the four-hour chart shows that the price has returned to the consolidation stage after oscillating downwards. The current operating channel is in a stable state, the long volume can be released in an orderly manner, and the moving average shows signs of recovery after a brief decline.

For the operation of BTC, we still refer to the previously posted range of 64338.97-64700 to see if the 67600 wave (0.5) pressure position can break through the heavy volume as previously expected.