BTC has once again reached the pressure zone of the shock box. Safe trades continue to wait for short order opportunities near 38,000.
30 minutes to 45 minutes is the last key and formative rebound time. You can wait for a rebound near 37050 to see if there will be a chance to rebound to end the high altitude.
If the price does not rebound at 30-45 minutes and falls below 37000, the price will easily continue to fall and test the bottom support of the shock box again.
The sharp rise at around 2 o'clock in the morning last night was due to the news that SEC officials mentioned spot ETFs, which caused a sharp increase in FOMO sentiment (recently, the price has gone up as long as there is a little bit of good news, but the bad news has not gone down)