The daily line is a small positive line with upper and lower shadows. The trading volume is more than three-quarters of the previous day, which is a fluctuating upward trend.
The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
The daily level is still moving up little by little. Many KOLs and "teachers" who lead orders are shorting at the top. Those who are afraid of heights are miserable. Bitcoin hit a record high of 73777 in March 24, and it has been fluctuating in a large range for nearly eight months until this breakthrough. How can it go back so easily? Don't lose the entire next large-scale main upward wave because of the small drop in front of you.
If you look back at the trend of Bitcoin from the end of October to the end of December last year, you will find that it was also a breakthrough with a large positive line, followed by small positive and negative lines at the daily level, slowly oscillating upward bit by bit, until a relatively large-scale retracement occurred in early December.
Currently, there is no sharp drop in Bitcoin, and it is all hourly adjustments. The focus now is to lay out the bottom of the cottage and wait for the rotation to rise.
Daily level pressure level 77900-80000-83240, support level 74780-73700-72700-71500-69700
From the hourly level, the current 30-minute rebound within the 1-day MA30 line rebound has reached a new high, forming a top divergence pattern. The 30-minute rebound does not constitute support, and the price is likely to fall back to the 1-hour support.
In the short term, you can go long at 75470 and go short at 77900
From the three-day liquidation heat map
As the price moves upward, there are a large number of large and super-large short orders waiting to be liquidated in the 77200-79300 area.
The price is going down, and there are a lot of large and super large long orders waiting to be liquidated in the 75500-70950 area.
