The short-term support of Bitcoin is 57,000-58,000 US dollars, and the short-term pressure is 61,500-62,500 US dollars. The three major US stock indexes rose and fell differently. The PPI will be announced at 8:30 this evening, and the CPI will be announced at 8:30 last night. These two days are more sensitive. If it meets expectations, the market will rebound. If it is lower than expectations, the market will fall back. However, Leng Feng believes that whether it rises or falls, it should not change the short-term volatility of Bitcoin. The view remains unchanged. 58,000 US dollars is a small support, and strong support should appear in the range of 53,000-56,000 US dollars. Personally, I still think that Bitcoin will consolidate in the range of 49,000-63,000 US dollars for 1-2 months. In terms of operation, it is necessary to cover the position when it falls back and reduce the position moderately at high levels, but it is necessary to maintain a certain amount of basic positions. $BTC
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