Yesterday, BTC's rebound broke through the 4h Ma30 60 120 moving average, which is a look back at the average price of 5, 10, and 20 days. This wave of rebound probably makes many people feel that the coin king is awesome and will never cheat people. Yes, from a long-term perspective, BTC will never trap people, but in the short term, this rebound is like saying goodbye to an old friend. My view remains unchanged. It will fall below 60,000, preferably 55,000. We will see as we go.

BTC has just rebounded and reached the 20-day moving average of 67500. This position is very critical. It has been almost 20 days since March 14th. It has now completely returned to the average price, which is interesting.

Of course, I still maintain my attitude. The adjustment is not completely over yet. It is only halfway through. I will continue to wait and see when the 60,000 level can be broken. After falling below 60,000, where will it go? This position fascinates me and I am looking forward to it.

My personal opinion is that it should not be taken as investment advice. Those who are short sellers should not comfort themselves just because they read my words and act like an ostrich burying their head in the sand. The risk of contract leverage is extremely high. It is difficult to survive in this market with high multiples and high-frequency leverage. Pay attention to stop-profit and stop-loss.
$BTC