From the daily level, Bitcoin's K-line fell back to 60,000 and then bottomed out and rebounded, with two consecutive positive lines, and the rebound touched MA30. If it can break through and stabilize MA30 in the past two days, that is, 63,000, it will subsequently hit MA60-66,000. Once MA60 is recovered, this round of correction will end, and the current MA120 has risen to 59,000, which means that the space for the retracement is getting smaller and smaller, and the bottom of the retracement is getting higher and higher. In two or three weeks, the adjustment will be almost done. ​​​