Market review:
Yesterday's early comments suggested risk reduction, and last night Brother Long reminded the community that the pin point of the pie was around 68,000. The lowest point reached around 68,620, which was considered to be the rhythm that Brother Long said. The point difference was 620 US dollars.
Today's quotes:
In the morning, the daily closing line did not close in green, which means that although the pin is inserted to withdraw, the selling pressure is still a little bit strong and cannot completely close the K-line, so the only choice is shock. The four-hour level is still continuing the previous trend structure, but it is different in terms of volume and energy. Yesterday's two declines increased the volume, and the small lower shadow K-line of the latter one used a very small amount to retract the lower shadow line, and So far, the new K-line can reverse the maximum lower shadow line in a small amount, which shows that the air force is weak. The one-hour level is challenging 72,000 US dollars. If the fifteen-minute rising market can push the one-hour level to stand firm at 72,000, then the market will once again return to the strong area and fluctuate. If it cannot go up, it will fluctuate in the weak area. For copycats, which area of the pie is strong or weak directly represents the trend of the copycats.
The current market situation is obviously different from before. There have been several insertions. Regardless of whether there is a "wolf crying" story, judging from the current market purchasing power, Long Ge analyzed that no matter how the insertion is done, If it falls, the market will not be able to bottom out and give opportunities. It will rebound and recover quickly every day. This is the result of the market being accepted by the whole world. #BTC
Today’s focus points
Upper pressure 73000
Lower support 70500