At present, the price of Bitcoin is fluctuating around 59100. Recently, Bitcoin has shown signs of correction after a sharp fluctuation. The daily line has formed an obvious head and shoulders top pattern, and then it has fallen rapidly.

The fast and slow lines of the four-hour technical indicator MACD are running below the zero axis, and both DIF and DEA are diverging downward, indicating that there is still a short-term bearish trend.

The pressure level of the EMA trend indicator is around 62000. There will be a wave of correction and stretching in the short term. After the stretch, you can continue to short. There are many resistance points and strong pressure points in the market. In the short term, the short-term short-term trend is obvious, and the market bearish sentiment is strong, so the idea is to short at highs, and when there is effective support, you can arrange more.