——Today's Quotes

$BTC

Based on various information, I would like to talk about my personal views on the market trend. First, I would like to state the conclusion: short-term bullish, medium- to long-term bearish, and the bottom is expected to be around 51,500 at least. The reasons are as follows:

1. Judging from the daily indicators, the price has a bullish trend (from today's perspective, the increase is limited), while the weekly and monthly lines have great demand for adjustment.

2. Bingzi is an individual stock in the U.S. stock market. Currently, the Nasdaq of the U.S. stock market is at 5-3. There will be a need for adjustment in the future. It is bearish for the overall market.

3. The entire adjustment from 737 is only 0.35 of 154-737, which is still not a big range.