BTC Quote Yesterday we focused on the short-term support of 66,000. Combined with the chart pattern, we expect that if it cannot stabilize at 66,000, it will fall back for the second time. Our expected range is 63,000-64,000. The lowest intraday fall back was 63,600, which was in line with our expectations. The overall fall back was not large, mainly due to the lack of demand on the market and the continuous depletion of liquidity. The fundamentals and news had little impact. Seeing that everyone said that the decline was caused by Israel's trouble again, we can see from the trend of gold that the actual impact is not great. Combined with the volatility of the US stock market yesterday, it was simply a market behavior caused by insufficient demand. Not every wave of decline requires a reason. We are sure that 6w Under the circumstance of the mid-term bottom, the current decline is an opportunity for us to lay out. We can continue to lay out in batches in the spot market. We still need to do a good job of risk control in the futures market and operate around key points.

Looking back at the short-term thinking of BTC yesterday in the quoted article, it is still around 66,000. If it stabilizes, it will follow the trend and go long. The highest rebound during the day was around 67,000, which can make a small profit. However, the 67,000 mark has not been successfully broken through after multiple attempts. The volume is insufficient. It has now fallen back to around 66,000. The overall trend is still to focus on whether the short-term support of 66,000 can hold. If it can't hold, it will see a second retracement below, but the overall amplitude should not be too large, and it can only reach 63,000 at most.

At the macro level, gold and the US dollar did not fluctuate much today. After a wave of people were trapped in gold, the FOMO sentiment began to weaken, and the US dollar was also relatively strong, maintaining at 106 Nearby, the market's expectations for interest rate cuts have weakened. Based on the current situation, it is difficult for the big cake to have an independent market. The market participation has dropped significantly compared with the previous two months. From the trading volume, it can be seen that it has dropped to half of the previous level. The market is not hot, and the overall linkage is mainly with the US stock market.

At present, from the hourly level, the overall momentum continues to weaken, and it has walked out of the rising wedge. If the wedge breaks down, there may be a large retracement. The initial estimate is 63000 64000, but there is no need to panic too much. This position is a layout opportunity. The cottage is a position with a high cost-effectiveness. Another situation is that the main force chooses to break through with large volume. If it can break through 67000 with large volume, the market may continue the trend.

In terms of points, the upper short-term resistance is 67000 70000,
the lower short-term support is 65200 64300

In terms of operation, if it falls back to the 65500-65000 range, you can try to buy low, and the breakthrough idea focuses on 67000 If the breakthrough is successful, you can follow the trend and buy more $BTC #ETH #BTC #BNB