Yesterday's strategy was effectively verified. Bitcoin above 64 looked down at 62,300 and reversed to 63,300. What should we do today? Focus on these two entry positions to minimize the risk.

The specific strategy is updated at the end of the article. It will be helpful for you to read it patiently.

Have a happy weekend, everyone. I wanted to take a two-day break on the weekend. Seeing that most of the coin friends on the square are still confused, I will take some time here to share my personal views on the big cake today. If there is any analysis that is wrong, please help point it out. Let's make progress together.

Yesterday's clear card prompted that you should not chase more above 64, and you can consider taking a light position to short. Seeing that there are reversed longs near 62,300, it seems that they have been effectively verified one by one. Today, the long orders of 62,300 are prompted to reduce positions at 63,300. The remaining positions can be timely bagged or continue to gamble. Today, there is a high probability that further retracement will be ushered in. Focus on the 61,400 (±100) mentioned in yesterday's article to intervene in long orders. It is also necessary to pay attention to the key position of 60,400. Effectively break through long orders and do not keep more. See Figure 1 for details, and Figure 2 is a picture of yesterday's strategy.

From a technical point of view, there is a certain demand for a correction. In the daily chart, the price has been effectively suppressed after breaking through the upper track of the Bollinger Band yesterday. The current price of the currency has reached 62900.

It can also be clearly seen from Figure 1 that the price has broken through the downward channel, so the real safe long position is to wait for the price to rise and fall back to the support level of the trend line 61400 (±100). This position is still relatively safe, but the pin-breaking false break cannot be ruled out. Everyone knows that the currency circle is full of uncertainty. All we can do is to gamble it with a complete position in the scenario where the market is likely to occur. Beware of the pin-breaking false break. The defense of long orders needs to be controlled below 60200. KDJ currently forms a dead cross and spreads downward. This is not a good sign. RSI turns downward and has certain signs of correction.

At the fourth small level, the currency price is currently supported by BBI62724. I personally think that this position is likely to be broken, so it is relatively safe to wait patiently for an effective retracement before intervening in long positions. As for yesterday’s long positions near 62300, those who reduced their positions at 63300 can continue to hold them. Since part of the profits have been locked in, it is not undesirable to continue gambling. Due to text limitations, the specific article will be updated later.#鄂B炒家