The evening broke through the downside, completely in line with the morning's view. The lowest point reached was near 65,500, and there was also a good harvest during the day, although the short-term gains were good. However, the overall trend is still maintaining an upward trajectory. It is now possible to start laying out a bullish view. Following the overall trend will not be wrong. The current volatility has temporarily eased, and some short-term operations can be carried out during the day.
From a technical analysis perspective, looking at the daily chart, after the pin bar, two consecutive bearish candles have emerged. However, there is support near the middle Bollinger Band. Currently, there is no problem looking up from below. On the 4-hour timeframe, although it has been in a state of continuous downward pressure, it has already reached the end. After the volume bar that has been heading south starts to shrink, it will be the beginning of the bulls' counterattack!
BTC Long at 65,500
Target: 68,000
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