After Lao Mei went to work this evening, Bitcoin was on the rise again, almost breaking through 70,000.

The four-hour short-term trend I analyzed in the evening has been verified: the four-hour short-term trend of BTC belongs to the rising trend after the second bottom. The lows of the entire four-hour period are constantly moving upwards, and the short position volume of the callback in the previous two days can be reduced. This shows that the power of short sellers is gradually weakening.

The four-hour line at 4 o'clock this morning broke through the bottom shock range after this wave of callbacks with heavy volume, entering a new round of rising market. The last four-hour line shrunk and pulled back. The normal breakthrough trend is: heavy volume breakthrough At the pressure level, the volume will shrink back to test the support, and then it will continue to rise.

From the overall four-hour perspective, the current short-term trend of BTC is relatively healthy, and a wave of rising prices will follow​.

You can read my previous articles.

Are you bullish or bearish on the next big pie?

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After the market stabilizes at its current position, I will arrange for low-end copycats and ambush high-explosion hot coins in a small circle, and share daily market analysis #BTC #FIL #LUNA $ETH $SOL