From the 4-hour chart, the trend of Bitcoin is still in a rhythm of oscillation downward

Previously, the 72,000 mark was the second highest point of the step, and the short-term rebound did not recover the high point

After testing the low, the structure tends to go down, but sustainability is a problem

The 1-hour structure Bollinger band opens downward, and the currency price is under pressure below the MA5-day moving average, forming a convergent triangle

All indicators have turned around, the long volume lacks resistance, and a downward trend line is also formed in the form

But whether it can continue depends on the bottom 68,800 weak support break. At this stage, the currency price has a slight rebound at the support level

The overall rhythm is weak, and the long and short may continue to fluctuate in the range!

Morning suggestion:

Buy near 69,000, the target is around 70,500-71,000, and the loss is 300-350 points

If the target reaches the vicinity and does not break, do a reverse move, and enter the market with Ethereum and Bitcoin.