The recent bearish direction of Bitcoin is perfectly grasped. Yesterday, it broke directly from the high point of the channel and fell to 58,300. It has now pulled back to the lower edge of the range. Our low-level long orders have eaten up nearly 2,000 points. Today, Bitcoin will continue to test this position after returning to the channel, and there is a possibility of speeding up. At present, it will go up and return to the middle of the channel. The overall trend is still bearish. The double top of the daily line is still established. The short-term target below is 56,000, and the long-term target is 50,000.