Yesterday, the price of Bitcoin fluctuated and rose to around 27,800 before falling back. Then, affected by the non-agricultural data in the evening, it fell rapidly to around 27,100 to be supported. However, the negative market conditions due to the news did not continue. Once the sentiment was over, it finally returned to the reasonable price of the technical market. Then it rebounded again and broke through the 28,000 pressure level, and then continued to fluctuate. It broke the new high again in the morning, and hit 28,360, and has now adjusted back.

From the technical structure of the big cake, it rebounded again after hitting the bottom in the evening. In the four-hour level, the upward operation channel opened and continued to release space. After breaking through the upper track, there was no sign of recovery in the short term. The moving average rose consistently. The small cycle maintained a bullish pattern. There is still a certain adjustment space from the key pressure. If it can break through and stabilize, the bulls may continue. Otherwise, it will be a retracement pattern. Given the strong repetitiveness of the recent market, it is still a suppressed pattern in the short term.

Judging from the hourly line, the price of the currency broke through the upper track line after three consecutive positive upward movements, and the Bollinger Bands opened wide. At present, the green short energy column is accumulating momentum and increasing in volume, and it is likely to fall back to the middle track. Today's idea is still to arrange short orders.

Bitcoin operation suggestion: short around 28100-28300, target 27500.