Bitcoin long orders continue to refer to 50800-51000 for operation! For your reference in the early stage, you may think that the price is too high and you are not willing to try it. There is no absolute high or low point in the nature of trading. The so-called high and low points are just the reasons for you to carry the order. You need to be prepared to defend against failure in any transaction. Prepare! Why can we grasp the direction of 44500 high during the winter vacation and be bullish? After the top and bottom are completed, it is reasonable to go long and see 57000/80000. What is the logic of the reason? In the early March, it hovered at a low of 24900 and then bottomed out and started trading! The midline line hovered at a low of 38,500 after the first round of surge in January 2024. From this, we can conclude that the low has moved up to a range of 13,000 points! Then in the second round of highs, the real column of the box appeared at 44500 in December. Then the bottom support moved upward and the translation of the top structure was 44500 plus 13000. From this, we can infer that the high pressure is around 57500! As for the second pressure point, please refer to the current short-term monthly pressure of 61200-61500 above. Remember that in the trend of 2021, the low fell back to 35,000, so the deviation from the high of 70,000 was relatively small, and the current low is hovering at 38,500! That means the high point is around 77,000. #BTC #ETH