Looking back at yesterday's market, it did not drop directly as Long Ge wished, but instead continued to look for breakout opportunities at high levels. From the 1-hour timeframe, it can be seen that several attempts to break above 85000 were pushed down, but it still left hope for the bulls as the bottom on the 1-hour level is indeed rising.

Returning to today's market, the daily level still hasn't broken through the recent high. The daily bottom is maintained around 83500, and the MACD is close to the zero line. If the MACD can directly cross above the zero line, it will initiate a nice market trend. However, the KDJ indicator is about to enter the overbought zone, and we need to observe whether the market needs to adjust downwards once more.

Although the 4-hour level has been breaking out, Long Ge still believes it is making a top. Long Long doesn't want to short, but the market is just not strong! The MACD is slowly approaching the zero line. I think if it wants to rise, it should be decisive; how could it give so many opportunities to get on board? Since it always retraces to support, I always believe it is continuously accumulating bullish funds. $BTC #币安Alpha上新

Not much to say for the intraday 1-hour, just pay attention to the rising lower points. If it breaks, it will drop quickly; if it rebounds, it will test above 85000 again.

In terms of operations, Long Ge has kept the short position open without closing it. This position has been held for a few days; either it breaks through and I stop-loss, acknowledging that I am outplayed, or it drops down to give me a big gain.

Support: 84000-83100-81000

Resistance: 85000-85500-86000