Many people may be obsessed with the rebound caused by long positions and cannot extricate themselves, but Xiaohan does not want to do this next week. The price of this currency has reached the cyclical pressure level.
The current market attitude is compact, the space is slightly narrow, the opportunity for breaking is scarce, and the fluctuation range is obviously restricted. In the short term, the persimmon market maintains a shock cycle in the established area. Many attempts to break through have failed, and no strong momentum for breaking through has been seen. Therefore, the trend structure of the persimmon market tends to be a short-term zigzag shock consolidation pattern. In the case that the support level is not broken, the market is still biased upward. It depends on the strength of the callback. Therefore, the Silk Road operation recommends rebound and callback.
Short-term operation suggestions for Bitcoin:
(1) Pullback near 62600 to take over, target 63400
(2) 63200-63500 to take over in batches, target near 62500, break to see 61800