BTC fell to 68400 and then rebounded to around 69200. What is the purpose?

1. Let the air force Fomo who missed the selling price at the beginning of 68

The purpose is to manipulate them to close their positions near 68500. In fact, they want to push upwards

2. Attract most of the leeks to buy the bottom, especially the altcoins because the decline is the largest. If it rises back, the altcoins will rise more. Attract the long-term chips, otherwise there will be no profit if the market continues to be smashed

Personally, I think the second possibility is more likely. It has fallen so much that few people dare to open shorts. If you want to continue to harvest, then you have to absorb chips sideways and continue to smash. One smash will be accurate

How to operate at this stage?

Those who open shorts above 70,000 can continue to hold and close their positions in batches

It is recommended not to operate if you don’t have a position. Just wait and see.