Bitcoin reached a high of around 44,000 at the beginning of the month and then stabilized slightly. Cheng Cheng told everyone that the mid-line bearish price near 44,000 also ushered in a wave of waterfalls as expected, and stepped back to the low of 4,000 points to around 40,400. Overall, the second round of The high-level structure has been initially finalized, and the bottom still needs to be paid attention to for the time being. The market high over the weekend only started to fall around the long order shipment level of 42800. On Monday, it continued to be negative to 40800, back to 2000 points. After a few hours of correction, it only rebounded. Around 400 points, the amplitude of rise and fall is seriously uneven and currently less than a quarter. Normally, the bottom at this time is not just that. Of course, this process is either a direct fall back and continuing to explore, or a first correction to form a bullish situation and then You don't know if it will fall back again. You just need to understand that if it doesn't rise, it will fall. As for the process, we can only decide how this process may proceed based on the behavior of retail investors in the market during the period of shock accumulation and accumulation. straight line? Or turn the corner first? Judging from the current hourly chart, in the short term, they are accumulating funds and continuing to move forward. Aggressive partners can continue to try long-term and short-term layouts when the short-term support is around 40600-40800. The K-line trend in the four-hour chart continues to be negative. A stable reference is 40000-40200. There is support in the nearby range, and there is suppression above the short-term market. The pressure level should be focused around 42300-42500. If there are friends who enter the market with long orders at the low level of the white market, the shipping position can be referred to around 41500-41700. The stable pressure level continues to focus on 43300- Near 43500, looking at the daily line, we need to focus on the bottom support near 38300-38500. #BTC $BTC