Good morning everyone, wishing you all a happy weekend
Bitcoin, today's market interpretation
1: #BTC The big coin rebounded after hitting the lowest point of 60000 yesterday, reaching a maximum rebound of 71751, with a low rebound of 11751 points. The big coin dropped from 73341 the day before yesterday, and yesterday's increase was about 2000 points away from reversing the daily line. The rebound is quite good; currently, the big coin is still hovering around 70000. The upper resistance for the big coin is at 72000, 73000, and significant resistance is at 74000 and 75000. In the short term, the rebound is unlikely to quickly break above 75000, so if it goes up, remember to reduce most of the positions, as 7.5, 7.9 are relatively dense resistance areas, and the probability of going up is not high.
Yesterday in the live broadcast, I told everyone to short at 71500-71700🈳. If it breaks 72000 and stabilizes, set a stop-loss. If it bounces back and doesn’t go below 70000, you can take profits first. I don’t know how many people entered positions, whether they ran away or not. I also mentioned in yesterday's live broadcast that because of the weekend, and the sharp drop in the previous days, the big coin will continue to rebound slightly after the pullback. If you made short-term profits and the pullback reaches support, you should exit. You can wait for the next rise before entering again🈳.


