There is only one direction for investment, not long or short, but the right direction. I am the Coin Brother of the West, a friend willing to accompany you to rise again. Slowly recovering, the Coin Brother is with you.

BTC Market Analysis

First, review and summarize yesterday's layout and operations. After the perfect execution of the long position at the bottom of 68200, the uptrend started and then took profit around 70,000, and Ethereum overall also made a small profit. Today's market saw an early morning surge followed by a decline, starting a new round of decline on the daily chart. After the price touched a new low of 65600, it rebounded and fluctuated around 67000, absorbing chips. The indicator on the chart showed a reversal of long and short energy, and the fast and slow lines formed a death cross at a high level, running downwards overall, leaning towards a bearish trend. Therefore, short-term intraday trading should not blindly bottom fish or go short. The overall candlestick on the four-hour chart of BTC still maintains a downtrend channel, and the indicators are all operating in the oversold zone. However, the price has not shown a clear upward momentum and magnitude. Therefore, the current four-hour chart is generally a market of recovery after a decline. The price may continue to slowly oscillate upwards to around 68000, making it difficult to understand the long and short trends on the daily chart. In summary, the Coin Brother's idea is that the price may slowly rise to the range of 68000-69500 and continue to hover, or continue to stabilize near 67500 for an extended period, making it difficult to determine the long and short trends on the daily chart. In light of the above, it is suggested to be aggressive or stay in a stable position and observe, and recently the Coin Brother has been busy with layout and real-time trend layout, so specific positions will not be provided for the time being in this article.

Strength is not just talk, nor is it boasting about profits. Strength is a meticulous plan executed rigorously. Go out with a goal, come back with results. There are no markets where you can't make money, only orders that you can't hold. When others are making profits and you are in a loss, you might as well chat with the Coin Brother of the West. The bond starts with reading, recognition starts with adding, trust starts with experience, and profits start with following. As long as you are willing, I will not disappoint!

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