After climbing all the way to 71,000 in the early stage, Bitcoin was under pressure and then entered a consolidation period. The overall price was around 70,500-71,500 during the day. Then the price rose to 71,800 in the evening. The current trend is still relatively strong, and a new round of rising is emerging again.

​The current daily structure is also what we call bottoming out and rebounding. The price of the currency has risen strongly with three consecutive real positive lines. There is no doubt that the bulls will continue. At the same time, the 4-hour chart is dominated by positive K upwards, and the negative line retracement is relatively weak. The short-term trend has turned into an upward structure again, so under this structure, the retracement is an opportunity to follow more.

Operation suggestions:

Big cake: 70500-70800 long, watch

72000-72500, guard 70300;

Second cake: 3830-3850 long, watch 3950-4000, guard

3800.#MegadropLista #现货以太坊ETF获美SEC批准 #BTC走势分析 $BTC $ETH $BNB