Big cake is about to break through the triangle area and usher in a new round of rise

1. News situation

1. ETF has a net inflow

Net inflow of 180 million, Grayscale has the lowest shipment record in history (good news)

2. Uni was sued by SEC

This is a normal situation. The panic or decline in the market is normal, and the market will continue to rise.

3. The triangle area is about to break through

After the daily line experienced the triangle area adjustment, it stepped back to the lower area position of 67,500 last night. The market began to rebound rapidly, proving that the lower support is effective. The market continued to rise and broke through the 72,000 position today as an effective breakthrough. The market will continue to set new highs.

2. Wave theory

1. If you want to distinguish the trend of a wave

A wave is to judge whether the market has really bottomed out. There are two ways. The first is to use the bottom-picking technique taught by our school to judge that the market can be bottomed out and a wave is formed. The second is to determine whether this round of rebound breaks the previous high, then it can be determined that it is a wave.

3. Market analysis

Yita's operation suggestion: above 3650-3680, you can consider shorting

Big cake operation suggestion: above 71600-72000, you can consider shorting $BTC $ETH $SOL