Before the release of BTC CPI yesterday, we mentioned that if CPI meets expectations, the market will rebound sharply. The current trend is in line with our expectations. Risk assets and gold have started to rise. The US dollar continues to weaken. Bread has also ushered in a long-awaited rebound. It is currently running above 66,000. The four-hour level has reversed. If the daily level is confirmed to reverse in the future, the bull market will start again.

Recently, we have repeatedly mentioned the key resistance position of 63,600. As long as it breaks through, it is to follow the trend and chase more. This is a certain opportunity. The risk of entering the market in the trend is more controllable than entering the market against the trend. There can be a clearer entry and exit logic. This is a necessary component in trading.

If you look carefully at the daily analysis, you can see that we have been reminding everyone to layout since 6w. Just defend 6w. The huge profit and loss ratio, free knowledge must also be grasped

At present, the position of 63,600 has completed the transformation from strong to weak. It is difficult to reach this point in a short period of time without bad news, but if the market wants to reverse completely, it needs to break through the next resistance level of 67,300. As long as it can reach this point, the market will completely reverse, further 7w It will also become very easy. Once the trend reverses, it will continue.

The upper short-term resistance level is 67300 70000

The lower short-term support level is 63600 60020

At the current position, as long as you look at our analysis carefully, you should hold long orders. If you don’t have long orders, pay attention to 67300. If you can break through 67300, continue to follow the trend and buy more. If it falls back to 65500-65700, you can also try to buy low