What happened to this market? Yesterday, we finally welcomed a rebound, but failed to break through the short-term resistance of 63,600 we mentioned. Then we opened the door and returned to the pit. There is no room for short-term operations. It is better to take a good rest.

Many times in a falling market, we are unwilling to cut losses. In fact, it is another kind of greed. We are afraid that the market will rebound after the stop loss, which leads to deeper and deeper traps. Without a strict trading plan, we often suffer losses beyond our expectations. The trading plan is very simple. It is an entry condition and an exit condition. Once the market does not meet our expectations, we will exit in time. The highs and lows are relative. There is no top or bottom in mind, and the operation is free.

In terms of trend, it can be seen as a narrow range of 60,000-64,000. Why is it narrow? Because the liquidity of the current market is very poor, and it is thousands of points at any time. The bulls are currently focusing on two points. The lower 60,000, if it is effectively broken, there is no logic for short-term longs. Risk control is the first priority. Pay attention to 63,600 above. The market may continue only if it breaks through with large volume. It is a more certain opportunity.

The short-term support below is 60,200 58000

Short-term resistance above 63600 67000

In terms of operation, if it effectively falls below 60000, all long orders will be risk controlled. If it can fluctuate above 62000 in the evening, you can enter the long order with the trend. The cost-effectiveness of the current position is still $BTC #BTC #BTC走势分析