After two days of consolidation over the weekend, Bitcoin has been fluctuating around 28,000. Although it fell yesterday, it was quickly recovered.

At the daily level, with the recent market's continuous upward pin-point tests, the operating channel has shown an upward continuation trend. The price continued to fluctuate and consolidate at a high level today. Although the bulls are in a state of shrinking volume at this stage, the price still remains in high-level fluctuations. The downward force is not too strong. The three moving averages are operating in parallel at the intersection, with a slight downward trend. The subsequent trend is likely to be around the middle track of the callback to develop a big positive stretching trend.

Looking at the four-hour line, the K-line has been pulling up and down the middle track line. It was oscillating for a longer period of time yesterday, and then a large negative line fell lower by inertia. The sustainability was not strong, and the bulls quickly recovered lost ground. Today, the short-term downward movement can slow down slightly, and the previous low has not been broken, indicating that the support below is still relatively strong and effective, and there has been a trend from weak to slightly stronger. In the short term, it is still in a range of fluctuations. At present, the green energy column of the bears has also shrunk, and the three lines of the KDJ indicator have a trend of turning upward. The current currency price is running at a low level, so just keep a low-multiple thinking.

Big Pie thinking suggestion: long around 27550-27750, target 28350-28650.