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Bitcoin surged before the US stock market opened tonight, reaching 68800 after a wave up from #BTC , then quickly retraced to around 65700, dropping 3000 points from the high. The rebound to 67300 couldn't hold, and it retraced again to around 66000, showing a minor rebound. Currently, I personally feel that the lowest point for Bitcoin tonight will be around 65000-64000 at most. If you expect it to drop a lot more, I don't see that happening. If you are buying below, and the rebound can't hold above 67000, you might want to consider exiting for now and re-entering later.

The market is slowly dropping again, #BTC the support below for the large pie is 67000, 66000, 65000. As long as it stabilizes at 65000, there is no need to be afraid. Just buy in batches at lower prices, and continue to look for a rebound at 7-7.3.

#BTC The big pancake has retraced to 67800 tonight and has come back near 70000. The low has rebounded by nearly 2000 points, and currently, the highest rebound can only see around 70500. It won't go much higher.

Good morning everyone, Bitcoin, Ethereum, SOL, today's market interpretation

1: #BTC Bitcoin retraced to around 68500 yesterday and did not go lower but rebounded slowly, peaking around 71000 without breaking through and then retraced slightly, with a low of around 69800 and then rebounding to around 70500. As mentioned in last night's live broadcast, even if Bitcoin retraces, the short-term support can only be seen at 69500-69300, which it did not reach. However, currently, it seems that for Bitcoin to break through the range of 71000-72000 is not so easy. If it can't go up, it will still drop to 79000.

2: #ETH Ethereum retraced to the support at 2000 yesterday without breaking it and then rebounded. The rebound attempted twice near 2150 without breaking through, then retraced to 2090, spiked down, and rebounded back above 2100. Ethereum's movement is not much different from Bitcoin's, with the lows being higher. Those who opened short positions should decisively stop loss near 2060 during the day; this was mentioned in last night's live broadcast.

3: #SOL Yesterday retraced to around 83 and rebounded, peaking at 88.5. The upper resistance at 89-90 is quite significant, and if it goes higher, resistance will be at 95. The lower support levels are 83, 78, 75, and 68. Overall, the trend is still weak, not as strong as Bitcoin and Ethereum. Focus on the retracement around 85-84 during the day; as long as Bitcoin does not break below 69000, SOL will likely rebound from these positions.

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The market has dropped again, the short position at 71388🈳 today for #BTC has already reached the first stop loss point of 68588, those who followed have successfully made a profit of 2800 points, congratulations to the community partners.

Good morning everyone, a new week has started, will Bitcoin continue to rebound this week and challenge the 80,000 mark?

#BTC Last week, Bitcoin's high point was at 79,360, and it dropped to a low of 60,000, falling 19,360 points from the high. It closed above 70,000 at 8 AM, regaining 10,000 points. The rebound is quite good, but from a larger perspective, it's not so easy for Bitcoin to rebound significantly. This week might see a strong push upward; if it cannot break through the 74-75 area, it may continue to retrace downwards and could touch around 65 before slowly rebounding towards the 70,000 mark. Unless there is significant positive news driving it, Bitcoin is unlikely to reach the 80,000 mark, and this analysis is based on weekly charts.

In terms of intraday trends, Bitcoin quickly dropped to 72,200 this morning and then fell back down. The upper resistance is still at 72,000. If the intraday rebound does not thoroughly break through 72,000, it won't rise much. Even if it breaks through, the area above is densely packed with resistance. The 73-75 range could see pullbacks. For intraday pullbacks, first focus on 70,000; if it breaks, watch 68,500, then 67,000. Below that, it could go down to 66-65. Under normal conditions, the intraday pullback won't reach 65 so quickly; it might pull back to 68-67 before there is a rebound. However, if many of you have bought in, remember to take profits if the rebound doesn't go up.

#ETH The large pie has been a bit stronger today, it hasn't dropped below 2050 despite three attempts at 2100, and it will only stabilize once it stands above 70000. Yesterday, I shorted at 2093, and luckily I called to run when it came down to around 2020, otherwise it would have retreated again.

#BTC The large pie is basically in a small oscillation within the range, hovering around 70000-68000. There won't be significant fluctuations here in the short term, the lower points are moving up, but the highs haven't gone up. We should be cautious of a pullback to 66000 before rebounding.

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🈳.

The drop of the big pancake yesterday has basically been recovered today at #BTC , rebounding more than 10000 points. In the short term, 60000 won't come quickly, but we can see it. Tomorrow and the day after will be the weekend again, so we can pay attention to the support below at 68500, 67000, and 66000 during tonight's pullback. When these levels are reached, we can gradually build positions for long trades to take advantage of the rebound. It's quite normal for a slow rebound to 70000 over the weekend. Anyway, if there is a pullback, we will buy more; if there isn't, we won't chase. The resistance above is at 72000, 73000, with key resistance at 74000 and 75000. These two levels are relatively significant, and currently, it doesn't seem likely to break through the key resistance that quickly.

Waking up to find Bitcoin has spiked to 60000, #BTC last night Bitcoin fell by over 10000 points, these past two days have been a slaughtering market. Last night I was thinking about entering near 66000 but didn't get the chance, fortunately, I gained a few hundred points.

Currently, Bitcoin has rebounded to around 65000, where there is just enough resistance. If it doesn't break through in the short term, it won't rally too much. Those with short positions should take profits as needed. For those without positions in the larger scale, if it has reached 60000, there must be some planning, but the premise is that your forced liquidation needs to be low enough. If Bitcoin wants to wash out a bit harder this time, it's not impossible for it to spike down to around 50000. So, forced liquidation is very important, because on a larger scale, Bitcoin hasn't bottomed yet. However, this rapid decline these past two days is also an opportunity for many. Large capital spot players have the best chance. Just buy and hold in batches. I recommend buying these few relatively stable Bitcoins: #ETH , #BNB , #SOL #LTC . Just these few will do, you can allocate funds and start buying.

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Wow, is the #BTC big pancake of 70000 about to be lost? It really is incessant chatter, but spot trading is a good opportunity to build positions in batches. Short-term contracts are temporarily not easy to go long.

The big coin has been falling more fiercely than the bear market these past few days. #BTC Every day I wake up to see the big coin continuously hitting lower points, with high points lower and low points lower. When will this decline come to an end? High points of 79500, 77000, and 74000 have all become strong resistance. Looking at the trend of the big coin, this wave of low points has not yet been formed. Everyone remember that for large-scale positions, do not use leverage for now; you can only take a spot position first. If it’s a contract you’ve already taken, you must control the forced liquidation. For example, if you plan to take 3 hands, complete all positions, and keep the forced liquidation below 40000 for relative safety. If not well controlled, it could be blown up by a spike. This market can drop and wash up unexpectedly. Remember, the premise of making money is that you can ensure your survival.

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