BTC has not given us an opportunity to enter the market recently. We need to determine whether Grayscale will continue to smash the market after watching the US stock market. The situation of ETFs will determine the subsequent trend.

The daily structure of BTC will not change much in the short term. It will fluctuate repeatedly. The rebound will not continue, and the decline will not be in place in one step. The moving average will also be entangled repeatedly, and most of the small cycles will end in three waves and return to the origin.

If you can't rebound effectively in the volatile market, continue to participate in the idea of ​​selling high and buying low. The 4-hour trend tends to extend the bearish trend. The weekend market fluctuations will not give too much, so if the structure remains unchanged, you can participate in the trend!

For intraday operations, the short-term support can refer to 63700, and the short-term resistance can refer to around 65000. The upper and lower edges of the range are sold high and bought low.