BTC price experienced a high and then fell in the early morning

Then it hit the 4h support level and rebounded again

The current price maintains a narrow range above 59,000

There is still strong pressure above the short-term

But if the daily support is not broken, the trend will still be upward

If the daily support is broken, it means that it is currently in a 4h level retracement. This retracement is expected to reach around 56,000.

Short-term operation suggestions:

1 Bitcoin is short near 59,800-60,100, and it can be seen at around 58,500-58,800

2 Ethereum is short near 2535-2550, and it can be seen at around 2515-2505