Yesterday, BTC's market fluctuated sharply due to the impact of non-agricultural data. The current price is running above the moving average, and at the same time, it is supported by the moving average again from below, indicating that the market is fluctuating and strengthening. The current short-term support below is 27,800. If this position cannot be broken, the probability of continued rise in the later period is relatively high.

In the short-term hourly chart, the price retreated before the US market yesterday, with a low near 27150. The US market supported the rebound and broke through the high of the previous day. It retreated under pressure this morning, near the pressure position of 28300. The current K-line pattern is negative, and the attached indicator is a dead cross. There is a need for a pullback correction during the day. What needs to be paid attention to is the strength of the pullback correction. Therefore, the short-term trend of big cake today is still low and long.

Bitcoin: long around 27600-27700, target 28000-28500