Don't panic if you are bullish. Retracement is not a reversal. Don't be fooled by short sellers. Treat it as low and long!

Good afternoon. Bitcoin's retracement in the past two days has to be said to be a bit fierce, so those who are long have also suffered a bit. But then again, the price has been rising all the way, so how could those who are short have felt good before? Compared with the rise, this retracement is still insignificant, so why should we be afraid! However, if you are long in the short term, you must stop profit in batches, and it is recommended to strictly control the defense and do it with a light position. For those long-term players who force to close the position, they can arrange low and long positions every time they retrace to a low position, and keep pulling down the long position price. In this way, when the price takes off to a new high next time, won't they have a good meal?

Returning to the market, the daily K line closed with a big negative line yesterday, but it is still a bit far-fetched to say that there will be a big waterfall and a market crash based on just a negative K line. For those of us who do intraday short-term trading, we can focus on the 4-hour trend. At present, it is under pressure from the upper rail after hitting 93400, and it has been fluctuating downward all the way, breaking through the middle rail support. At present, there is a need to test the lower rail support, so long orders are involved around the lower rail support of 85500. The lowest point of the retracement in the morning is 86700, which can also be used as a reference point for today's low-long, leaving a little space for false break.

The reference for low-long below is 86000 and 85500, and the target is 88800, 89000 and 90000, and the defense is 84500

The above is only a personal opinion, investment is risky, and you need to be cautious when entering the market! #BTC连续破新高，你看到多少？ $BTC