Today’s analysis, on the 4-hour chart of BTC, until 9 a.m., the market reached the support of 29100 and then started a wave of rebound and upward attack.
As for whether this rebound is really that powerful, let’s see if it can break the daily small-level downward trend line. If it breaks, I would rather see the 31500-32000 point. If it cannot be broken, the short-term cycle will still have to go. It is more likely to go to 28800 points, because at present, the rebound volume is still slightly insufficient, which is a good thing for the copycat, but what I want to say is, be prepared for danger in times of peace, don’t forget this word, never just See the profits and ignore the risks. The current intraday resistance is 30100 and the support is 29100.
